Which of the Following Is Not True About a Certificate

question 87

Multiple Choice

Which of the following is not true about a certificate of deposit (CD) ?

• A)It pays higher interest than a saving account
• B)Are only offered in denominations of $100,000 or more
• C)It is not as liquid as a savings account
• D)Funds are locked in for specific periods of time

Analyze the causes and consequences of the Texas Revolution and the Mexican-American War.

Describe the territorial gains of the United States as a result of treaties and wars.

Examine the role of President James K. Polk and other political figures in expanding U.S. territory.

Understand the significance of key terms and groups, such as "Californios" and "Tejanos," in the context of American expansion.

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Definitions:

Constructively Capitalize

The accounting practice of recognizing an expenditure as a fixed asset and amortizing it over time, despite not being capitalized in a traditional sense.

Operating Leases

A pact that grants permission to use a property without bestowing ownership rights of the said asset.

Long-Term Debt Rate

The interest rate applied to loans or borrowings with a maturity date extending beyond one year.

Minimum Operating Lease Payments

The minimum amount that a lessee is obligated to pay over the lease term for the right to use an underlying asset, excluding costs such as maintenance and taxes that are paid by the lessee.