What Are Financial Securities That Represent Promises to Repay a Fixed

question 92

Multiple Choice

What are financial securities that represent promises to repay a fixed amount of funds?

• A)bonds
• B)shares
• C)savings accounts
• D)certificates of deposit

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Definitions:

Financial Planning

The process of creating strategies for managing financial affairs, including budgeting, investing, and retirement preparation, to achieve one’s financial goals.

Cash Management

The process of collecting, managing, and investing a company's cash in a way that maximizes the efficiency of its operations and reduces the risk of financial distress.

Corporate Treasurer

An executive responsible for managing an organization's investments, capital structure, and financial strategies.

Credit Management

The practice of granting credit, recovering this credit when it's due, and ensuring compliance with company credit policy.