Financial managers often shift temporary funds from checking accounts to _____ securities to earn higher interest returns.

Question

Quizplus · Accepted Answer

Financial managers often shift temporary funds from checking accounts to marketable securities because these are liquid investments that typically offer higher interest returns than checking accounts, while still providing relatively easy access to funds when needed. Marketable securities include stocks, bonds, and Treasury bills that can be quickly sold in the financial markets.

Financial Managers Often Shift Temporary Funds from Checking Accounts to _____