The Two Routes of Check Clearance Include the _____________ Settlement

question 33

Multiple Choice

The two routes of check clearance include the _____________ settlement, in which the transaction takes place entirely within a single Federal Reserve district, and the _____________ settlement, in which there are relationships between banks of two Federal Reserve districts.

• A)interdistrict, intradistrict
• B)intradistrict, interdistrict
• C)Fed wire, District wire
• D)District wire, Fed wire
• E)none of the above

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Definitions:

Defectors

People who abandon their allegiance, organization, or principles, often moving to an opposing side or withdrawing support.

Defence Mechanisms

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and the perception of internal/external threats.

Change Stage

A phase within a process of transformation or transition which an individual, group, or organization moves through.

Organizational Learning

The process by which an organization improves itself over time through gaining experience and using that to create knowledge or efficiency gains.