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American_Bankers_Association

CTFA · Question #79

A comprehensive deposit account, offered primarily by brokerage houses and mutual funds is a/an:

The correct answer is D. Asset management account. See the full explanation below for the reasoning.

Investment Management

Question

A comprehensive deposit account, offered primarily by brokerage houses and mutual funds is a/an:

Options

  • AMoney market deposit account
  • BNegotiable order of withdrawal account
  • CMoney market mutual funds
  • DAsset management account

How the community answered

(25 responses)
  • A
    16% (4)
  • B
    4% (1)
  • C
    4% (1)
  • D
    76% (19)

Topics

#asset management account#brokerage account#comprehensive deposit#mutual funds

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