Which of the Following Is Not True About Certificates of Deposit

question 30

Multiple Choice

Which of the following is not true about certificates of deposit (CDs) ?

• A) They pay higher interest than T-bills.
• B) They are long-term investments of two years or more.
• C) Funds are locked in for specific periods of time.
• D) A penalty is imposed for early withdrawal.

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Definitions:

Task Oriented

A task-oriented approach focuses on completing tasks and achieving goals efficiently, with primary attention on job performance and tasks at hand.

Relationship Oriented

An approach or behavior that prioritizes building and maintaining strong interpersonal relationships above other considerations.

Evolutionary Approach

A theoretical perspective in psychology that examines the role of evolutionary processes (natural selection, adaptation) in shaping human behavior and mental processes.

Intergroup Conflict

A situation where members of different groups experience friction, opposition, or antagonism, often arising from competition for resources, differences in values, or perceived threats.