Compare the investment vehicles and tax treatment of tax-exempt and government securities money market mutual funds
What will be an ideal response?
Answer: The tax-exempt fund invests only in very short-term municipal debt, while the government securities fund invests solely in U.S. government securities. The former is exempt from federal income taxes, while the latter is not.
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Aziz is a very low-skill manager. He thinks he is actually quite a good manager. According to the Dunning-Kruger effect, what is the MOST LIKELY response Aziz will have when he receives feedback about his lack of management skills?
A) He will be embarrassed by this feedback, and will be motivated to improve. B) He will not be interested in this feedback, and will not work on improving. C) He will recognize that his evaluations have been wrong, and will ask for additional training. D) He will be motivated to improve, but will be unlikely to be able to change his performance.
Promissory notes are never payable on demand
Indicate whether the statement is true or false