Compared to investing with a securities brokerage,an advantage of investing surplus funds with the company's bank(s)is

Question

Quizplus · Accepted Answer

Investing surplus funds with the company's bank(s) offers several advantages over a securities brokerage, including convenience (as banks are often used for day-to-day financial transactions), deposit insurance (which provides a level of safety for the funds), and the possibility of using the funds as collateral for loans. These benefits collectively make option D correct.

Compared to Investing with a Securities Brokerage,an Advantage of Investing