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During the selection process for an IT position,Jeff was required to take a test that measured his memory and vocabulary.Which type of test did Jeff most likely take?
Debt Securities
Financial instruments representing a loan made by an investor to a borrower, typically including features like the principal amount, interest rate, and maturity date.
Equity Securities
Financial instruments that represent ownership in a company or an entitlement to a share in its profits.
Cost Method
An accounting approach used to measure the value of an investment, where the investment's cost includes the purchase price and any costs of acquisition.
Trading Securities
These are securities that a company holds for the purpose of selling them in the near term to profit from price variations, reported at fair value.
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