The transactions in market of treasury bills is mostly transacted over telephone and hence classified as ____________?
Correct answer: A. decentralized
- A. decentralized
- B. centralized
- C. federalize
- D. commercialize
Explanation
A decentralized treasury-bill market has transactions conducted directly between participants through communication channels such as telephone rather than through one central exchange. Centralized markets route trades through a single organized marketplace.
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
If the 175 days T-bill have the maturity of one year with the value of $8000 and face value is $10000 then reported discount yield is _____________?
The overnight loans transaction are part of trading of _____________?
The forgone amount for holding the balances of cash at the time they are received is classified as ____________?
The government issues treasury bills at the discounted rate from ____________?
The principal issuer of the commercial papers are commercial banks and the major investors of principal investors includes ____________?
The financial instruments are traded in money markets and then traded in __________?