Demand Deposits

question 54

Multiple Choice

Demand deposits

• A)have the same amount of withdrawal risk as interest-bearing transaction accounts.
• B)have less withdrawal risk than interest-bearing transaction accounts.
• C)have more withdrawal risk than money market demand accounts.
• D)have less withdrawal risk than money market demand accounts.
• E)have the same amount of withdrawal risk as money market demand accounts.

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Definitions:

Punctuality

The quality or habit of adhering to an appointed time.

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The ability to use computers and related technology efficiently, including various software and the internet.

Strong Work Ethic

A value based on hard work and diligence, often characterized by a commitment to completing tasks efficiently and effectively.

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Characteristic of an individual who puts in a great deal of effort and diligence in their tasks.