Which Type of Financial Institution Generally Does Not Accept Deposits

question 25

Multiple Choice

Which type of financial institution generally does not accept deposits but does underwrite stock offerings?

• A) Insurance company
• B) Mutual fund
• C) Commercial bank
• D) Investment bank

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Definitions:

BYOD Device

Bring Your Own Device, a policy allowing employees to use their personal devices for work purposes.

Motherboard

The main circuit board inside a computer to which the CPU, memory, storage, and other peripheral devices are connected.

Variable

An element, feature, or factor that can change or vary, often used in programming to represent data that can be modified as the program runs.

Script

A script is a list of commands that can be executed by a certain program or scripting engine, often used for automating tasks within software applications.