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

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Multiple Choice

Which of the following investment products requires a securities license to sell?

Savings accounts

Fixed annuities

Whole life insurance policies

Mutual funds

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Verified step by step guidance

Understand the nature of the investment products listed: Savings accounts, fixed annuities, whole life insurance policies, and mutual funds.

Recognize that a securities license is required to sell products that are classified as securities under financial regulations.

Savings accounts are deposit products offered by banks and are not considered securities, so no securities license is required to sell them.

Fixed annuities and whole life insurance policies are insurance products, not securities, and therefore do not require a securities license to sell.

Mutual funds are investment products that pool money from multiple investors to invest in a diversified portfolio of securities. Since mutual funds are classified as securities, a securities license is required to sell them.