What Would You Recommend to Christopher Concerning His Cash Management

question 31

Multiple Choice

What would you recommend to Christopher concerning his cash management?

• A)He should set up EFT payments for his auto loan.
• B)He should switch his current account to a Money Market Deposit Account.
• C)He should give up some liquidity.
• D)All the above are correct.
• E)All but C are correct.

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Definitions:

Sensory Stimulus

Any object or event that is input to the senses, leading to a response or recognition from the body or brain.

Reflex

An automatic, involuntary response to a stimulus without the involvement of conscious thought.

Action Potential

A temporary reversal of an electrical charge across the membrane of a nerve cell that results in the transmission of an electrical impulse.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, which acts as the processing center for nervous functions.