What Does the "A" in IDEAS Stand For

question 21

Multiple Choice

What does the "A" in IDEAS stand for?

• A) Analyze the hypothesis and anchor the decision.
• B) Assess the situation and make a preliminary decision.
• C) Avoid dealing with annoying people.
• D) Ask questions and apply the relevant stereotype.

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Definitions:

FDIC

Stands for the Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits in banks and thrift institutions for at least $250,000 per depositor, per insured bank.

Savings And Loan Associations

Specialized financial bodies that deal with accepting deposits for saving purposes and issuing various loans, especially for mortgages.

Lend Money

The act of giving money to another party with the expectation that it will be paid back, often with interest, at a later date.

Bank Charters

Legal documents issued by a governmental or regulatory body granting the right to operate as a bank and outlining the specific conditions under which the bank must operate.