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Money market instruments have a maturity of: ? (a) Less than one year (b) Less than six months (c) More than one year (d) None of these

Accounting Financial Accounting Financial Management Bank Accounting managerial accounting
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/27
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

(a). All have terms of less than1 year, with most less than6 months. Many money market instruments have terms of270 days or less, because any instruments with longer maturities would have to be registered with the SEC under the Securities Act of1933.

Ayman Esa Mustafa Farrag
by Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

B,,,,,,

Filip Kurtovic
by Filip Kurtovic , Brand Manager , HNK Hajduk Split

They last less than one year, mostly because they are used for the short term requirements of a company. 

mohamed tantawy
by mohamed tantawy , finance manager , TAM group

The money market is the market for buying and selling short-term loans and securities , so the answer would be (a)

Mushtaq Ahmad Khan Barakzai
by Mushtaq Ahmad Khan Barakzai , Senior Assistant Actuary , Ministry of Finance

A

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Answer : a

Deleted user
by Deleted user

less than6 months

Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

it is a

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

A

Tanveer Qureshi
by Tanveer Qureshi , Director , Qureshi Associates

Option-A is appropriate answer.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

My choice of answer:

(a) Less than one year

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