Which of the Following Banking Instruments Has a Fixed Term

question 101

Multiple Choice

Which of the following banking instruments has a fixed term?

• A) Demand deposits
• B) Time deposits
• C) Money market mutual funds
• D) Credit card accounts
• E) Savings accounts

---

Definitions:

Going the Extra Mile

Exceeding what is required or expected in order to achieve something, often associated with putting in extra effort, dedication, or hard work.

Customer Complaint

A form of feedback where a customer expresses dissatisfaction with a product or service.

Cover Up

An attempt to hide a mistake, wrongdoing, or embarrassing information from being made public.

Blame

The act of attributing responsibility for a fault or wrong to someone or something.