Which of the Following Is Not a Financial Instrument

question 63

Multiple Choice

Which of the following is not a financial instrument?

• A) A share of Microsoft stock
• B) A U.S. Treasury Bond
• C) An electric bill
• D) A life insurance policy

Recognize the principles of effective time management and study techniques.

Grasp the concept of monism and its view on the mind-body relationship.

Understand the role of introspection and empirical methods in psychology.

Comprehend the basics of evolutionary theory and natural selection.

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Definitions:

Collections

The process of gathering money that is owed by customers, often in relation to accounts receivable.

Required Production

The quantity of goods that a company needs to produce in order to meet customer demand.

Ending Raw Materials Inventory

The value of raw materials still on hand at the end of an accounting period, which have not yet been used in the production process.

Budgeted

Pertains to the financial plans for revenues and expenses that an organization sets for a specific time period.