Factors That Typically Influence the Choice of Where to Maintain

question 56

Multiple Choice

Factors that typically influence the choice of where to maintain a checking account are:

• A) inflation, tax rates, and cost.
• B) convenience, inflation, and services.
• C) cost, inflation, and tax rates.
• D) convenience, services, and cost.
• E) services, insurance, and cost.

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Definitions:

Communication Systems

Networks or processes by which information is exchanged among individuals or groups, especially within an organization.

Upward Systems

Systems or processes designed to facilitate the flow of information from lower levels of an organization to higher levels.

Construct Validity

The extent to which a test measures what it claims to measure; a concept's ability to be accurately represented in operational terms.

Human Resource

The department within an organization focused on managing employee-related processes including recruiting, hiring, training, and benefits administration.