Money which is collected for a cause is known as ______.
A: cash
B: a fund
C: a scholarship
D: an investment
A: cash
B: a fund
C: a scholarship
D: an investment
举一反三
- Which of the following will cause a change in the owners' equity of a business? A: Purchase of equipment with cash B: Payment of the liability with cash C: Investment of cash in the business by the owner D: Sale of equipment for cash at cost
- ( ) are other financial companies that are entrusted with, run businesses and manage money on behalf of people. A: Trust Investment Corporation B: Investment Fund C: Securities Company D: Insurance Company
- All the money received by a person or a company is known as A: cash B: income C: wages
- Which one of the following savings plans is not covered by federal deposit insurance? A: passbook account at a savings and loan B: regular checking account at a commercial bank C: money market account at a commercial bank D: money market fund with an investment company E: certificate of deposit at a commercial bank
- Which of the following statements is false ( ) A: Payback period is the time in which the initial cash outflow of an investment is expected to be recovered from the cash inflows generated by the investment. B: Payback period usually expressed in years or months. C: Annual cash flow is variable D: Payback Period = Initial Cost / Annual cash inflow