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.

This Question Belongs to Commerce >> Financial Management

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