Which of the Following Is NOT an Example of an Equity

question 73

Multiple Choice

Which of the following is NOT an example of an equity market transaction?

• A)Mary sells her shares of Apple stock.
• B)Mark contacts his broker and requests a purchase of IBM bonds.
• C)Sahid buys shares of a small company stock traded on the NASDAQ.
• D)All of the above are equity market transactions.

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Definitions:

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, involving collecting and processing checks received at a special post office box.

Electronic Transfer

The digital exchange of money between accounts, which can occur within the same financial institution or across different institutions.

Marketable Securities

Financial instruments and assets that can be easily sold or converted into cash, often used for short-term investments or liquidity purposes.

Operating Assets

Operating assets are the assets that a business uses to generate revenue as part of its core operations, excluding investments and cash reserves.