Which of the Following Guarantees the Deposits in Almost All

question 87

Multiple Choice

Which of the following guarantees the deposits in almost all banks up to a $250,000 limit per account?

• A) the Federal Reserve
• B) the FDIC
• C) the U.S. Treasury
• D) Bank of America Corporation

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Definitions:

Meaningful

Having significant quality or purpose, often carrying deep importance or value.

Reliable

The quality of being consistently good in performance, yielding trustworthy results over time.

Complete

fully finished or ended, with all necessary parts or elements present and accounted for.

Accurate

The degree to which a measurement, conclusion, or representation closely matches the true or correct value or outcome.