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

7. Receivables and Investments

Introduction to Investments in Securities

Financial Accounting

7. Receivables and Investments

Introduction to Investments in Securities

Previous problemNext problem

Struggling with Financial Accounting?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

Which of the following statements about financial markets is correct?

Financial markets are exclusively used for trading physical goods.

Financial markets are a relatively new technological development created in the last 50 years.

Financial markets have existed for centuries, facilitating the exchange of securities and other financial instruments.

Financial markets only exist in developed countries.

Previous problemNext problem

Verified step by step guidance

Step 1: Begin by understanding the concept of financial markets. Financial markets are platforms or systems that facilitate the exchange of financial instruments such as stocks, bonds, derivatives, and currencies.

Step 2: Analyze the first statement: 'Financial markets are exclusively used for trading physical goods.' This is incorrect because financial markets primarily deal with intangible financial instruments rather than physical goods.

Step 3: Evaluate the second statement: 'Financial markets are a relatively new technological development created in the last 50 years.' This is incorrect because financial markets have existed for centuries, dating back to ancient civilizations where trade and financial exchanges occurred.

Step 4: Assess the third statement: 'Financial markets have existed for centuries, facilitating the exchange of securities and other financial instruments.' This is correct because it accurately reflects the historical role and purpose of financial markets.

Step 5: Review the fourth statement: 'Financial markets only exist in developed countries.' This is incorrect because financial markets exist in both developed and developing countries, serving as a critical component of global economies.