Multiple Choice
Which of the following is NOT an example of investing in yourself?
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1. Introduction to Accounting
Types of Accounting
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Which of the following is NOT an example of a financial market?
A
Bond Market
B
Supermarket
C
Foreign Exchange Market
D
Stock Exchange
Verified step by step guidance1
Step 1: Understand the concept of a financial market. A financial market is a marketplace where financial instruments such as stocks, bonds, currencies, and derivatives are traded. It facilitates the exchange of financial assets and helps allocate resources efficiently.
Step 2: Review the examples provided in the question. The options include Bond Market, Supermarket, Foreign Exchange Market, and Stock Exchange.
Step 3: Analyze each option. Bond Market, Foreign Exchange Market, and Stock Exchange are all examples of financial markets because they involve the trading of financial instruments. A Supermarket, however, is a retail market for goods and services, not financial assets.
Step 4: Identify the option that does not fit the definition of a financial market. Based on the analysis, the Supermarket is not a financial market.
Step 5: Conclude that the correct answer is 'Supermarket,' as it does not involve the trading of financial instruments or assets.
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