If You Have a Checking Account at a Local Bank

question 104

Multiple Choice

If you have a checking account at a local bank, your bank account there is

• A) an asset to the bank and an asset to you.
• B) a liability of the bank and a liability of yours.
• C) a liability of the bank and an asset to you.
• D) an asset to the bank and a liability of yours.

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Definitions:

Specific Purpose

A clear, defined goal or objective intended to be achieved through a particular action or endeavor.

Coping Behavior

The actions, strategies, and psychological mechanisms individuals use to manage stress, challenges, or adversity.

Expressive Behavior

Behavior that conveys an individual's feelings, attitudes, or emotions.

Public Speaking

Public speaking is the act of delivering a speech or presentation in front of a live audience with the purpose of informing, persuading, or entertaining.