The funds transferred usually for a day between financial institutions are classified as Options: A . &nbspfederal funds B . &nbspbanker's funds C . &nbspdebt funds D . &nbspsecured funds

The funds transferred usually for a day between financial institutions are class

Question

The funds transferred usually for a day between financial institutions are classified as

Options:

A . federal funds

B . banker's funds

C . debt funds

D . secured funds

Answer: Option A
Answer: (a).federal funds

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