Which of the following is generally a highly liquid instrument?
A) A bank bill
B) A certificate of deposit
C) Neither a bank bill nor a certificate of deposit
D) Both bank bills and certificates of deposit are liquid instruments
Correct Answer:
Verified
Q18: Unlike most other businesses,a bank's balance sheet
Q19: For banks,liability management refers to:
A) managing the
Q20: The assets on a bank's balance sheet
Q21: If a bank required more short-term funding,it
Q22: With regard to bank bills,the actual role
Q24: For a bank,an advantage of bill financing
Q25: The advantage of a CD to a
Q26: Which of the following is incorrect in
Q27: A major difference between a bank's term
Q28: Which of the following statements about bill
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents