Which of the Following Is Not a Characteristic of a Money

question 11

Multiple Choice

Which of the following is not a characteristic of a money market instrument?

• A) liquidity
• B) marketability
• C) long maturity
• D) liquidity premium
• E) c and d

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Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values around the mean.

Capital Cost Allowance (CCA)

A tax deduction in certain jurisdictions for depreciation of property used in a business or for earning income.

Operating Cash Flow

The cash an organization generates from its normal business operations, indicating its ability to generate sufficient positive cash flow to maintain and grow its operations.

Interest Expense

Cost incurred by an entity for borrowed funds, which may include payments on loans, bonds, and lines of credit.