Funds which are used as interest-bearing checking accounts are classified as____________?
Correct answer: A. Money market funds
- A. Money market funds
- B. Capital market funds
- C. Money mutual funds
- D. Insurance money funds
Explanation
Money market funds invest in short-term, highly liquid instruments and may provide check-writing or interest-bearing account features. Capital market funds focus on longer-term securities such as stocks and bonds.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
Federal Reserve policy and federal surplus or deficit of budget affect the____________?
Transfer through institutions such as mutual funds or banks are classified as________________?
Market where market makers keep record of stock of financial instruments is classified as_________________?
Method of matching orders by posting orders of buying and selling is classified as______________?
Loans by finance companies, banks and credit unions is classified as___________?
Markets which deals with high liquid and short-term debt securities are classified as_____________?