______________ represent amounts owed to Goldman Sachs by brokers, the firm's customers, and counter-parties to derivative contracts.
A)collateralized agreements
B)financial instruments
C)collateralized financings
D)receivables
E)payables

Question

Quizplus · Accepted Answer

Receivables represent amounts owed to the firm, and in this case, it is owed to Goldman Sachs by brokers, customers, and counter-parties to derivative contracts. Collateralized agreements refer to agreements where collateral is pledged as security for a loan, financial instruments refer to any tradable asset such as stocks or bonds, collateralized financings refer to loans where the borrower uses assets as collateral, and payables represent amounts owed by the firm to vendors or other creditors.

______________ Represent Amounts Owed to Goldman Sachs by Brokers, the Firm's