The transactions that came into being when borrowing and lending of excess money occurs, are considered as Options: A . &nbspannual funds transaction B . &nbspliable funds transactions C . &nbspfederal funds transaction D . &nbspfunctional funds transaction

The transactions that came into being when borrowing and lending of excess money

Question

The transactions that came into being when borrowing and lending of excess money occurs, are considered as

Options:

A . annual funds transaction

B . liable funds transactions

C . federal funds transaction

D . functional funds transaction

Answer: Option C
Answer: (c).federal funds transaction

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