Free CTFA Exam Braindumps (page: 17)

Page 17 of 113

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



Page 17 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
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