Which of the Following Statements Is False

question 135

Multiple Choice

Which of the following statements is false?

• A) Checkable deposits are usually the lowest cost source of bank funds.
• B) Checkable deposits are the primary source of bank funds.
• C) Checkable deposits are payable on demand.
• D) Checkable deposits include NOW accounts.

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Definitions:

Cognitive Ability

The mental capacity to reason, solve problems, think abstractly, comprehend complex ideas, learn quickly, and learn from experience.

Woodcock-Johnson III

A comprehensive set of assessments designed to evaluate cognitive abilities, academic skills, and achievement.

Test Content Area

The test content area refers to the specific subjects or knowledge domains that are covered by a test.

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex behaviors such as decision making, problem-solving, and controlling social behavior.