All of the following money market securities are insulated from credit risk except
A) Treasury securities.
B) bank deposits.
C) commercial paper.
D) CDs.
Answer: C
Business
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Which of the following will be classified as a held-to-maturity investment?
A) machinery B) land C) bond D) equity investment
Business
Cambridge Sales, Inc has gross salaries and wages for March of $45,000
Provide the journal entry to record salaries and wages expense and payroll withholdings. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Salaries and wages to date are under the OASDI limit. Assume no federal or state income taxes are due. What will be an ideal response
Business