______________ represent amounts owed by Goldman Group to 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

Payables represent amounts owed by a company to its suppliers, brokers, customers, or counterparties to derivative contracts. In the context of Goldman Group, payables would include obligations to brokers, the firm's customers, and counterparties to derivative contracts.

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