Which of the Following Forms the Largest Share of Household

question 53

Multiple Choice

Which of the following forms the largest share of household holdings of financial assets?

• A)corporate equities
• B)bank deposits
• C)pension funds reserves
• D)life insurance

---

Definitions:

Automated Business Systems

Systems that use technology to perform and manage business processes automatically, enhancing efficiency and reducing manual intervention.

Subsidiary Ledgers

Detailed ledgers that contain information supporting accounts listed in the general ledger, such as accounts receivable or inventory details.

Manual Accounting System

An accounting system in which records are maintained by hand without the use of computer systems.

Chart of Accounts

A systematic listing of all accounts used in the general ledger of an organization, categorized by assets, liabilities, equity, revenue, and expenses.