Which of the Following Would Not Be Considered a Capital

question 32

Multiple Choice

Which of the following would not be considered a capital market security?

• A)a 20-year corporate bond
• B)a common stock
• C)a 6-month Treasury bill
• D)a mutual fund share

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Definitions:

Business Expense

Costs incurred in the ordinary course of running a business, including salaries, utilities, and rent, which are deductible for tax purposes.

Vehicle Expense

Costs associated with the operation and maintenance of a vehicle, which may include fuel, repairs, insurance, and depreciation.

Currency Exchange Rates

The worth of a particular currency when measured in a different currency.

School District

A geographical unit for the local administration of elementary or secondary schools.