All of the Following Are Nontransaction Deposits EXCEPT

question 109

Multiple Choice

All of the following are nontransaction deposits EXCEPT

• A)savings accounts.
• B)small-denomination time deposits.
• C)checkable deposits.
• D)certificates of deposit.

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Definitions:

Deviance

Behavior or actions that violate societal norms or expectations, often leading to social disapproval or sanctions.

Crime

Crime is an act or omission that violates the law and is punishable by the state or other authority.

Compelling Explanation

A persuasive and cogent reason or argument that effectively explains a phenomenon, idea, or event.

United States

A country primarily located in North America consisting of 50 states, a federal district, five major self-governing territories, and various possessions.