Answer the Question on the Basis of the Following List

question 33

Multiple Choice

Answer the question on the basis of the following list of assets: 1.Large-denominated ($100,000 and over) time deposits
2) Noncheckable savings deposits
3) Currency (coins and paper money) in circulation
4) Small-denominated (under $100,000) time deposits
5) Stock certificates
6) Checkable deposits
7) Money market deposit accounts
8) Money market mutual fund balances held by individuals
9) Money market mutual fund balances held by businesses
10) Currency held in bank vaults
Refer to the given list.Which of the following are considered to be "near-monies?"

• A) Items 2,5,8,and 9.
• B) All items except for 3.
• C) Items 2,4,7,and 8.
• D) Items 1,5,and 10.

---

Definitions:

Selling Price

The amount of money for which a product or service is sold to the consumer.

Overhead Expenses

Ongoing costs involved in operating a business that are not directly tied to providing goods or services, such as rent, utilities, and administration costs.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Selling Price

The selling price is the amount a buyer pays to acquire a product or service from a seller.