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

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Definitions:

Managerial Positions

Jobs that involve overseeing and directing the functions and activities of employees, departments, or organizations.

Time-And-Motion Studies

The analysis of work processes to improve efficiency by reducing wasted motions and optimizing task performance.

Knowledge-Driven Economy

An economy where growth is primarily based on the production, distribution, and use of knowledge and information.

Personality-Related Position

A job role that is aligned with the personality traits of the individual, enhancing job satisfaction and performance.