Which of the following describes the length of time that money must be left on deposit in a CD?

Which of the following describes the length of time that money must be left on deposit in a CD?
A) term
B) APR
C) maturity date
D) length of deposit

Q. 2

Which of the following is the best example of an outstanding transaction?
A) A canceled check that has been returned by the bank.
B) An ATM withdrawal that has not been recorded in the check register.
C) A check recorded in the check register that the bank has not yet received.
D) none of the above

Q. 3

Which of the following activities can a customer do while using an ATM?
A) Withdraw or deposit money.
B) See account balances.
C) Make transfers between accounts.
D) all of the above

Q. 4

Which of the following is NOT a heading in a check register?
A) interest rate
B) check number
C) balance
D) transaction

Q. 5

Which of the following is NOT true about money market accounts?
A) A minimum balance must be kept in the account for the term specified.
B) The interest rate paid is fixed for short periods of time.
C) A small number of checks may be written against the account.
D) Money market accounts typically offer lower interest rates than regular savings accounts.

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Which of the following describes the length of time that money must be left on deposit in a CD?

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