A(n)_________________________ Is a Security Issued by the Federal Government Which

question 88

Short Answer

A(n)_________________________ is a security issued by the federal government which has less than one year to maturity when it is issued.

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Definitions:

Maker

In finance, the party that creates or issues a promissory note.

Petty Cash Fund

A small amount of cash kept on hand for minor or incidental expenses.

Cash Over and Short

An account used in cash management to record discrepancies between actual cash received and expected amounts, indicating either excess cash or a shortage.

Miscellaneous Revenue

Miscellaneous Revenue represents income received by a business from sources not related to its primary operations, such as sales of assets, interest, or one-time events.