Large-size bank CDs are most likely to appear on the balance sheet of a
A) pension fund.
B) life insurance company.
C) mutual fund.
D) money market mutual fund.

Name: Large-size bank CDs are most likely to appear on the balance sheet of a A) pension fund. B) life insurance company. C) mutual fund. D) money market mutual fund.
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Question

Quizplus · Accepted Answer

Money market mutual funds typically invest in short-term, high-quality debt instruments, including large-size bank CDs, to provide liquidity and safety to investors.

Large-Size Bank CDs Are Most Likely to Appear on the Balance