Funds which are used as interest-bearing checking ac... - Solved MCQs & Answer

553FinanceMedium

Funds which are used as interest-bearing checking accounts are classified as____________?

AInsurance money funds

BMoney market funds

CCapital market funds

DMoney mutual funds

Correct answer

B. Money market funds

Explanation

Money market funds is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

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