NO.PZ2020042003000113
问题如下：
When considering non-deposit funding
sources, which of the following is NOT correct?
选项：
A. Federal funds is among the
cheapest short-term borrowed funds
The key advantage of Fed funds is their ready availability through a
simple phone call or online computer request.
CD and commercial paper borrowings are usually better for
longer-term funding needs that stretch over several days or weeks
Another key advantage of Federal funds is
their stable market interest rate.
解释：
考点：对Managing Non-deposit Liabilities的理解
答案：D
解析：
选项D错误。Federal funds没有选项D描述的优点，相反，Federal funds的确定就是利率波动较大：The key disadvantage is their volatile market interest rate—its wide
fluctuations that make planning difficult.
When considering non-deposit funding sources, which of the following is NOT correct?
您的回答C, 正确答案是: D
A
Federal funds is among the cheapest short-term borrowed funds
B
The key advantage of Fed funds is their ready availability through a simple phone call or online computer request.
C
不正确CD and commercial paper borrowings are usually better for longer-term funding needs that stretch over several days or weeks
D
Another key advantage of Federal funds is their stable market interest rate.
C怎么理解，大额存单这些也可以用于短期吗？C这些提到的应该不是短期的吧？
