Which of the following best completes the sentence: 'A bank can help you _____ your money and keep it _____' in the context of types of receivables?

• A. invest; risky
• B. collect; secure
• C. spend; available
• D. borrow; limited

Answer: (B)

Verified step by step guidance

1. Understand the context of the question: It is asking about the role of a bank in managing money, specifically in the context of types of receivables. Receivables refer to amounts owed to a company or individual, typically from customers or borrowers.
2. Analyze the options provided: Each option suggests a different function of a bank. For example, 'invest; risky' implies investment services, 'collect; secure' implies safeguarding and managing receivables, 'spend; available' implies liquidity management, and 'borrow; limited' implies lending services.
3. Focus on the phrase 'types of receivables': This indicates the correct answer should relate to the management and security of receivables, which are amounts owed to an entity.
4. Evaluate the correct answer: 'Collect; secure' aligns with the role of a bank in helping individuals or businesses collect receivables and ensure their security, which is a fundamental banking service.
5. Conclude the reasoning: The other options do not directly relate to the management of receivables. For example, 'invest; risky' focuses on investments, which are not directly tied to receivables, and 'spend; available' and 'borrow; limited' focus on liquidity and lending, respectively, which are also unrelated to receivables.