Money-market transactions include which of the following?

Question

Quizplus · Accepted Answer

Money-market transactions typically involve securities that have a maturity of less than one year, such as Treasury bills, commercial paper, and certificates of deposit. Choice A is too broad and not necessarily accurate, as some securities can be purchased with other forms of payment besides cash. Choice B is not accurate, as 30-year Treasury bonds are not typically considered part of the money-market. Choice C is partially accurate, but not all securities paid for from a money-market account would be considered money-market transactions.

Money-Market Transactions Include Which of the Following