Which of the Following Is True

question 148

Multiple Choice

Which of the following is true?

• A) The FDIC sets the reserve requirements for commercial banks.
• B) The Federal Reserve System guarantees the deposits in almost all banks up to a $250,000 limit per account.
• C) Since the Federal Reserve System was established in 1913, bank failures due to panic withdrawals have been virtually eliminated.
• D) If a bank should fail, the FDIC guarantees that depositors can get their funds up to a $250,000 limit per account.

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Definitions:

Reward And Recognition

The practice of acknowledging and giving incentives to employees for their achievements and contributions.

Observable Culture

Observable culture refers to the visible elements of an organization's culture, such as rituals, dress codes, behaviors, physical setups, and corporate language that can be directly observed.

Salesperson

An individual who sells products or services to customers, typically working to achieve sales targets and build client relationships.

Power Culture

A corporate environment where authority, control, and decision-making are concentrated in a few hands.