APS210 Specifies That 'High-Quality Liquid Assets' Must Be Free from Encumbrances

question 48

Multiple Choice

APS210 specifies that 'high-quality liquid assets' must be free from encumbrances and include:

• A)cash
• B)long-term loans
• C)cash and eligible securities approved by APRA
• D)cash and long-term loans

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Definitions:

Plausible

Appearing reasonable or probable; believable or credible.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Syllogisms

A form of logical reasoning where a conclusion is drawn from two given or assumed propositions (premises); each premise shares a common or middle term not present in the conclusion.

Reasoning

Reasoning is the cognitive process of thinking about something in a logical, rational way, to form conclusions, judgments, or inferences.