Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which of the following is NOT a money market instrument?

Certificate of Deposit

Commercial Paper

Corporate Bond

Treasury Bill

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Understand the concept of money market instruments: Money market instruments are short-term financial instruments that are typically used for borrowing and lending in the short term, usually less than one year. Examples include Treasury Bills, Certificates of Deposit, and Commercial Paper.

Analyze each option provided: Treasury Bills, Certificates of Deposit, and Commercial Paper are all examples of money market instruments because they are short-term and highly liquid.

Consider the characteristics of Corporate Bonds: Corporate Bonds are long-term debt instruments issued by corporations to raise capital. They typically have maturities longer than one year, which makes them unsuitable for classification as money market instruments.

Compare Corporate Bonds to the other options: Since Corporate Bonds are long-term instruments, they do not meet the criteria for money market instruments, which are short-term in nature.

Conclude that Corporate Bonds are NOT a money market instrument based on their long-term maturity and purpose, distinguishing them from the other options provided.