MATCHING Complete the Following Using the Terms Listed

question 114

Multiple Choice

MATCHING
Complete the following using the terms listed.
-All trading on the ____ takes place through its intranet, rather than on a trading floor.

• A)bonds
• B)Commercial banks
• C)Nasdaq
• D)Credit unions
• E)financial system
• F)call provision
• G)insider trading
• H)Federal Open Markets Committee (FOMC)
• I)Securities
• J)New York Stock Exchange
• K)Online banking
• L)limit order
• M)debentures
• N)primary market
• O)net savers

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Definitions:

Short-Term Assets

Assets that will be converted into cash within one year.

Prepaid Expenses

Payments made for goods or services to be received in the future, recognized as assets on a balance sheet until they are incurred as expenses.

Inventory

The quantity of goods and materials a business holds for the purpose of resale or production.

Short-Term Assets

Assets expected to be converted into cash, sold, or consumed within one year or within the operating cycle of a business, whichever is longer.