Which Financial Asset Belongs to M2 but Not to M1

question 388

Multiple Choice

Which financial asset belongs to M2 but not to M1+?

• A) a savings account
• B) a chequable deposit
• C) currency
• D) continuity adjustment

Gain insights into the use of competitive positioning and financial understanding in a pitch.

Understand the importance of confidentiality and competitive differentiation in entrepreneurial ventures.

Identify the key financial questions and metrics relevant to startups when presenting to investors.

Recognize the importance of engaging with the audience and allowing for interaction in pitches.

---

Definitions:

Service Business

An enterprise offering services or intangible items to its clientele instead of material goods.

Periodic Inventory System

An inventory accounting system where updates are made at set intervals, typically leading to annual updates on inventory status and valuation.

Income From Operations

This refers to the profit realized from a business's ongoing core business operations, excluding deductions of interest and taxes.

Periodic Inventory Method

An accounting method where the inventory is physically counted and valued at the end of a specific period to determine cost of goods sold and ending inventory.