Transaction Deposits Do Not Include

question 41

Multiple Choice

Transaction deposits do not include

• A) demand deposits.
• B) NCDs
• C) NOW accounts
• D) All of the above are transactions deposits.

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Definitions:

Current Liabilities

Short-term financial obligations that a company is required to pay within a year, including accounts payable, wages, and other debts.

Debt Utilization Ratio

A financial metric that measures the proportion of a company's credit usage to its available credit, indicating its debt management efficiency.