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Q 1/10
Score 0
If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the
30
Federal Deposit Insurance Corporation. (FDIC).
State Banking Commission.
US Treasury Department.
Federal Reserve Board.
Q 2/10
Score 0
Which financial product has the most predictable income?
30
Certificate of deposit
Stock
Real estate
Option/future contract
10 questions
Q.
If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the
1
30 sec
Q.
Which financial product has the most predictable income?
2
30 sec
Q.
When James received his paycheck, he planned to cash it at a check cashing store. You advise him to cash it at his own bank if possible. Why?
3
30 sec
Q.
Which documents should be stored in a safe-deposit box?
4
30 sec
Q.
Money orders are:
5
30 sec
Q.
What action should a person take who must make a tuition payment at the end of August each year?
6
30 sec
Q.
When a person is reconciling a checking account and notices that the balance in the checkbook does not match the balance on the statement from the bank, which action is it appropriate for the person to take first?
7
30 sec
Q.
The best suggestion you gave a friend who is writing a check for the first time is:
8
30 sec
Q.
The term used to describe the ease and speed with which you can convert savings or an investment to cash is: