MANAGEMENT

BUISENESS MANAGEMENT

INVENTORY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ are a form of guaran-teed payment.
A
Tax funds
B
Invoices
C
Secured funds
D
Basic funds
Explanation: 

Detailed explanation-1: -Guaranteed funds, also known as certified funds, is a type of payment which is guaranteed to clear. This means that the funds will be honoured by a financial institution, either by setting aside the funds or depositing such funds into the intended account without the possibility of recourse.

Detailed explanation-2: -There are a few different types of investments that have guaranteed returns. These include annuities, government bonds, and bank savings accounts.

Detailed explanation-3: -A Guaranteed Interest Account (GIA) is an ideal account for saving toward a special purchase, creating an emergency fund, a guaranteed holding of your investment portfolio and even guarding against market volatility. Our GIAs provide security of principal with a guaranteed rate of return.

Detailed explanation-4: -There are many types of guaranteed investment income funds. Guaranteed investment funds promise that all or part of the invested capital will be secure at a specific, designated time.

There is 1 question to complete.