Demand Deposits Are Funds Held In

question 24

Multiple Choice

Demand deposits are funds held in:

• A)currency.
• B)certificates of deposit.
• C)chequing accounts.
• D)money markets.

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Definitions:

Governor Adjusting Screw

A component used to adjust the governor in engines or machinery, controlling the maximum speed or maintaining a consistent speed.

Governor Spring Pressure

The force exerted by a spring inside a governor mechanism, which helps in regulating the speed or fuel supply in an engine or mechanical system.

Major Air Leak

A significant escape of air from a pressurized system, such as an air brake system, that can affect system performance.

Tractor-trailer Combination

A vehicle configuration consisting of a towing engine (tractor) attached to one or more trailers for transporting goods over long distances.