Which of the Following Is Not a Deposit Source of Funds

question 6

Multiple Choice

Which of the following is not a deposit source of funds for savings institutions?

• A) passbook savings
• B) retail CDs
• C) money market deposit accounts
• D) negotiable order of withdrawal (NOW) accounts
• E) All of the above are deposit sources of funds for savings institutions.

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Definitions:

Mail-Order Sales

A sales process where products are ordered through mail correspondence or online and shipped directly to the consumer's address.

Magazines and Books

Periodic publications containing articles, stories, photographs, and advertisements, and written works bound and published covering various subjects or narratives.

Postage

The fee charged for the service of mailing letters and packages.

Publisher

An individual or company that prepares and issues books, journals, music, or other works for sale.