Which One of the Following Is the Best Definition of a Money

question 91

Multiple Choice

Which one of the following is the best definition of a money market instrument?

• A) corporate debt that matures in 90 days or less
• B) bank savings account
• C) investment issued by a financial institution that matures in 30 days or less
• D) investment issued by a financial institution that matures in one year or less
• E) debt issued by the government or a corporation that matures in one year or less

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Definitions:

Change Agents

Individuals or entities that act as catalysts for change within an organization, driving and managing the process of change.

Persistence

The quality of continuing steadfastly or firmly in some state, purpose, or course of action, in spite of opposition or discouragement.

Participation

Involvement of individuals or groups in processes or activities that interest them or affect them.

Win-Win

A situation or outcome where all parties involved gain or benefit in some way, ensuring no losers.