Q956
Financial security issues by major banks and risk depends on strength of issuer is classified as
A.
negotiable certificate of deposit
AnswerB.
mutual funds
C.
U.S treasury bills
D.
commercial paper
Answer: Option A
Solution
Answer: Option A
Solution:
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.