On Goldman Sachs' balance sheet for 2007, Financial Instruments Owned consists of:
A)cash.
B)collateralized agreements.
C)derivative securities.
D)a.and b.
E)a.and c.

Question

Quizplus · Accepted Answer

Financial Instruments Owned includes both cash and derivative securities. Collateralized agreements are typically classified under the category of "Securities borrowed" on a balance sheet.

On Goldman Sachs' Balance Sheet for 2007, Financial Instruments Owned