Choose the Word or Phrase in [ ] Which Will

question 117

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-[Busy executives | minors] do not need trust services.

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Definitions:

Marketable Securities

Financial instruments that can be quickly converted into cash at a market price, such as stocks, bonds, or Treasury bills.

Comprehensive Income

Encompasses all changes in equity during a period, except those resulting from investments by owners and distributions to owners.

Equity Earnings

The proportion of earnings attributed to a parent company from its investment in subsidiaries or associates, recognized in its income statement.

Investment

The distribution of assets like money or time with the hope of earning revenue or gains.