Which of the Following Is NOT Usually a Short-Term Discount

question 14

Multiple Choice

Which of the following is NOT usually a short-term discount security?

• A) Negotiable certificates of deposit
• B) Commercial paper
• C) Bank bills
• D) Unsecured notes

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Definitions:

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing net profit by the initial cost of the investment.

Direct Fixed Costs

Expenses that are consistent and directly tied to the production of goods or services but do not vary with the level of output.

Common Fixed Costs

Expenses that do not change with the volume of production or sales and are shared among multiple products or services within a company.

Noncontrollable Fixed Costs

Costs that cannot be altered or influenced by the decisions of management in the short term.