Examveda
Examveda

Savings accounts are___________ but are not__________.

A. negotiable; liquid

B. marketable; liquid

C. liquid; personal

D. liquid; marketable

Answer: Option D

Solution(By Examveda Team)

Savings accounts are liquid but are not marketable. Marketable securities and money market holdings are considered cash equivalents because they are liquid and not subject to material fluctuations in value.

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Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process