Which Investment Vehicle Is Not Part of Tier II,the 'Medium-Risk,medium-Return

question 28

Multiple Choice

Which investment vehicle is not part of Tier II,the 'medium-risk,medium-return' zone?

• A)Quality growth stocks,blue-chip stocks
• B)Money market accounts
• C)Mutual funds,aggressive growth funds
• D)Real estate

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Definitions:

Ages Receivables

A method of categorizing accounts receivable according to the length of time an invoice has been outstanding.

Gross Accounts Receivable Approach

A method to estimate the total amount of receivables, including both collected and still outstanding payments.

Unadjusted Year End

The conclusion of a fiscal year before any adjustments are made for accounting purposes, such as accruals or deferrals.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.