June 2005 mutiple choice 12(3)Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › June 2005 mutiple choice 12(3)This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts November 26, 2015 at 12:18 pm #285450 yushanshanMemberTopics: 84Replies: 70☆☆I think the sentence” treasury bills are bought and sold on a discount basis” are too absolute. But it is correct. November 26, 2015 at 2:47 pm #285501 John MoffatKeymasterTopics: 56Replies: 53816☆☆☆☆☆Treasury bills are short-term and do not pay interest, but instead are issued at a discount.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In