Examveda
Examveda

Financial security issues by major banks and risk depends on strength of issuer is classified as

A. negotiable certificate of deposit

B. mutual funds

C. U.S treasury bills

D. commercial paper

Answer: Option A

Solution(By Examveda Team)

Financial security issues by major banks and risk depends on strength of issuer is classified as negotiable certificate of deposit. Financial security refers to the peace of mind you feel when you aren't worried about your income being enough to cover your expenses. It also means that you have enough money saved to cover emergencies and your future financial goals.

This Question Belongs to Commerce >> Financial Management

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