Answer:
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Explanation:
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Among the most common money market instruments are eurodollar deposits, negotiable certificates of deposit (CDs), bankers acceptances, U.S. Treasury bills, commercial paper, municipal notes, federal funds and repurchase agreements (repos).
Answer: B. Rarely
Explanation:
It is rare to impossible to see a company's net income equal its net cash flow because both of them involve different variables. Net income for instance, involves both cash and non-cash variables while net cash flow contains only cash transactions.
The Net cash flow also incorporates transactions from financing and investing which are not in net income. It is essentially impossible for Net income to equal net cash flow.
Answer:
c. cover the cost of producing and selling the product
Answer:
The misstatement is immaterial in the overall context of the financial statements.
Explanation:
An immaterial misstatement is an omission that has not been treated correctly but is not significant enough to negatively influence the use of the financial statements or the decisions made by those using them. This immaterial misstatements do not represent fraud or intentional wrongdoing.
