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:

Reading Ahead

The practice of looking forward or preparing by reading material or content before it is covered in a formal setting.

Difficult Material

Content or subject matter that is challenging for individuals to understand, learn, or engage with due to its complexity or nature.

Active Listening

A communication technique that involves giving full attention to the speaker, understanding their message, and responding thoughtfully.

Focusing Attention

The process of directing one's awareness to relevant stimuli while ignoring irrelevant information.