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:

Across Culture Competency

The skill to grasp, communicate, and effectively interact with people from various cultures.

Skill Specialization

The degree to which individuals or roles focus on and master specific skills or knowledge areas, often leading to higher efficiency.

Geographic Design

The aspect of design that considers geographical factors, such as location specificity and cultural considerations, in the planning of projects.

Network-designed Organizations

Organizations structured around flexible, adaptive networks rather than traditional hierarchical models to promote efficiency and innovation.