Which of the Following Statements Is NOT True

question 34

Multiple Choice

Which of the following statements is NOT true?

• A)The Federal Reserve operates the Fedwire electronic payments system while CHIPS is a private network.
• B)Fedwire is used to transfer funds from the Fed to the banking system while CHIPS is used to make interbank funds transfers.
• C)The Fed guarantees all payments on Fedwire while CHIPS transfers are provisional until settlement.
• D)Large daylight overdrafts are incurred on both Fedwire and CHIPS.
• E)Fedwire has a fee for daylight overdrafts but CHIPS does not.

---

Definitions:

Flexitarian Vegetarians

Individuals who primarily follow a vegetarian diet but occasionally eat meat or fish.

Anorexia Nervosa

An eating disorder characterized by an obsessively reduced food intake and an intense fear of gaining weight.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by purging, in an attempt to control weight.

Eating Disorder

A mental disorder characterized by abnormal eating habits that negatively affect a person's physical or mental health.