National Banks

question 6

Multiple Choice

National banks:

• A)are chartered by the Comptroller of the Currency
• B)must belong to the Federal Reserve System
• C)must carry insurance on their deposits from the Federal Deposit Insurance Corporation
• D)are more closely regulated than state chartered banks
• E)are accurately described by all of the above

---

Definitions:

Recruitment Activities

The series of actions taken by an organization to identify, attract, and select suitable candidates for employment opportunities.

Employee Retention

The strategies and practices employed by a business to prevent key employees from leaving their jobs.

Hiring Terms

The conditions upon which an employer hires an employee, including contract duration, job responsibilities, salary, and benefits.

High Turnover

A situation where an organization or industry experiences a high rate of employees leaving and needing replacement over a given period.