What does this mean

Liquid assets are low risk and low return

False

True

Cannot be determined

A debit card is something of a cross between a credit card and a checking

account.

False

True

Cannot be determined

Which $f$ the following is not an advantage of a Certificate of Deposit $($CD$)$ as

a cash management alternative?

CDs are convenient to purchase

CDs offer liquidity

CDs are insured

CDs have fixed interest rates, which are beneficial if interest rates drop