When a $10 Cheque Written on the First National Bank

question 47

Multiple Choice

When a $10 cheque written on the First National Bank is deposited in an account at CIBC, then ________.

• A) the reserves of the First National Bank decrease by $10
• B) the reserves of the First National Bank increase by $10
• C) the reserves of CIBC decrease by $10
• D) the assets of CIBC decrease by $10

---

Definitions:

Contact The Person

Contacting the person refers to reaching out to someone directly through various means of communication, such as phone calls, emails, or face-to-face interactions, to convey information or resolve issues.

Task Achievement Scaling

A method used to evaluate the effectiveness of tasks set within interventions or programs by measuring performance outcomes.

Degree

An academic qualification awarded by a college or university to students who have completed a particular course of study.

"Sweet Sorrow"

A term expressing the bittersweet emotion of parting ways with someone or something dear, implying both sadness and happiness.