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Why are registered accounts (RRSP, TFSA, RESP) considered CASH accounts: Question 13 options: because you can only hold money markets &/or cash equivalents investments because
Why are registered accounts (RRSP, TFSA, RESP) considered CASH accounts: Question 13 options: because you can only hold money markets &/or cash equivalents investments because you can only contribute/deposit in cash because you are not allowed to borrow against the securities held in the account this is false. There is no such things as registered accounts are considered as cash accounts
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
