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American_Bankers_Association

CTFA · Question #339

Which of the following instruments is NOT typically associated with spending?

The correct answer is D. Certificate of deposit. See the full explanation below for the reasoning.

Investment Management

Question

Which of the following instruments is NOT typically associated with spending?

Options

  • ACash
  • BCredit card
  • CDebit card
  • DCertificate of deposit

How the community answered

(53 responses)
  • A
    8% (4)
  • B
    17% (9)
  • C
    4% (2)
  • D
    72% (38)

Topics

#spending instruments#certificate of deposit#financial instruments#savings vs spending

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