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Exam CTFA topic 1 question 408 discussion

Actual exam question from ABA's CTFA
Question #: 408
Topic #: 1
[All CTFA Questions]

The optimal balance of marketable securities held to take care of probable deficiencies in the firm's cash account is referred to as the __________ segment in the one's portfolio of short-term marketable securities.

  • A. Ready cash
  • B. Controlled cash
  • C. Free cash
  • D. Cash and cash equivalent
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Suggested Answer: A 🗳️
by vynyfulu at April 5, 2025, 3:06 p.m.

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