Which of the Following Is the Most Commonly Used Short-Term

question 30

Multiple Choice

Which of the following is the most commonly used short-term liquid instrument for trading in the interbank market?

• A) a certificate of deposit
• B) a deed
• C) a letter of credit
• D) a check

---

Definitions:

Validity Coefficient

A statistical measure used to assess the extent to which a test accurately measures what it purports to measure.

Scored

In psychological testing, "scored" refers to the process of assigning numerical values to responses for the purpose of measuring traits or abilities.

Subjectively

Based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.

Endure

To suffer patiently or remain in existence; to last without giving way under pressure or adversity.