If You Use $500 of Currency to Make a Deposit

question 435

Multiple Choice

If you use $500 of currency to make a deposit in a saving deposit

• A) M1 decreases, but M2 is unchanged.
• B) M1 decreases and M2 increases.
• C) M1 is unchanged, but M2 increases.
• D) M1 and M2 both increase.

Understand the response formats and purposes of behavioral rating scales.

Distinguish between direct and indirect behavioral assessment methods.

Comprehend the importance of observation recording methods based on behavior frequency and duration.

Understand the ethical considerations in covert and overt observations.

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Definitions:

Annual Basis

Annual basis refers to any financial calculation or performance measurement taken over or normalized for a single year.

Outstanding Checks

Checks that have been issued and recorded in the issuing party's records but have not yet been cashed or cleared by the bank.

Deposits in Transit

Deposits in transit are amounts that have been received and recorded by a business but have not yet been reflected in the bank's records.

Bank Reconciliation

The act of reconciling the cash account balances recorded in an organization's bookkeeping with the related data found on a bank statement.