Which of the following financial documents would most likely be stored in a safe- deposit box?

Question

Quizplus · Accepted Answer

Savings certificates are financial instruments that represent a cash deposit held by an investor in a financial institution. They are usually issued in paper form and can be used as collateral for loans. Due to their value, they are typically stored in a safe-deposit box for safekeeping. W-2 forms, personal financial statements, warranties, and checking account statements are important financial documents but they are not as valuable as savings certificates and can be stored in a secure location at home or at a bank.

Which of the Following Financial Documents Would Most Likely Be