Free CTFA Exam Braindumps (page: 18)

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are a popular offering at bank and other depository institutions and competes for deposits with money market and mutual funds?

  1. Money market deposit accounts
  2. Money market mutual funds
  3. Time deposit
  4. Asset management account

Answer(s): A



pools the funds f many small investors to purchase high return, short term marketable securities offered by the U. S treasury.

  1. Money market deposit accounts
  2. Money market mutual funds
  3. Time deposit
  4. Asset management account

Answer(s): B



It is a formal, legal commitment to extend credit up to some maximum amount over a stated period of time.

  1. Letter of credit
  2. Revolving credit agreement
  3. Line of credit
  4. Trade credit

Answer(s): B



The type(s) of collateral generally used for a secured short-term loan is(are):

  1. Inventory and/or receivables
  2. Common Stocks and bonds
  3. Real estate
  4. Machinery

Answer(s): A






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