Step 1 : Introduction to the question "Which of the following is generally true about savings vehicles?"
...A.) Savings vehicles are only useful for long-term investments. B.) People should evaluate different forms of savings vehicles based on their needs.* C.) Savings vehicles are never insured. D.) All of the above - A savings vehicle is a bank account that's used to hold your savings. The basic saving vehicles include but are not limited to: savings accounts, money market accounts, and certificates of deposit. Savings Account. Savings accounts are the most basic kind of savings vehicle.