All of the following are considered cash equivalents except:

A. Marketable securities.

B. Money market funds.

C. Commercial paper.

D. Treasury bills.

A

Business

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In its conceptual framework, the FASB set out a number of principles to be adhered to in standard setting and in interpreting financial statements. The decision to require a consolidated statement, rather than separate financial statements, for a parent firm and its subsidiary best illustrates which of the following principles or concepts?

A) periodiocity b) going concern c) materiality d) economic entity

Business

All of the following are examples of individual characteristics that impact the magnitude of a salesperson's expectancy estimates EXCEPT:

A. His/her level of self-esteem B. His/her general intelligence C. His/her previous sales experience D. His/her perceived ability to perform necessary tasks E. His/her perception of his assigned sales territory potential

Business