(I) Securities that have an original maturity greater than one year are traded in money markets
(II) The best known money market securities are stocks and bonds.
A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.
D
Business
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Which of the following is true about the preparing the statement of cash flows?
A. The direct method adjusts net income for items that do not affect cash to determine net cash provided by operating activities. B. The indirect method is easier and less costly to prepare than the direct method. C. The indirect method shows operating cash receipts and payments. D. It focuses on the differences between net income and the balance sheet.
Business
Hypotheses are statements about proposed relationships rather than merely questions to be answered
Indicate whether the statement is true or false
Business