Negotiable Certificates of Deposit

question 61

Multiple Choice

Negotiable certificates of deposit:

• A)are funds that are available at call to depositors
• B)provide access to payment services
• C)are long-term deposits
• D)are also known as transaction accounts
• E)can be traded in the money market.

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Definitions:

Mental Aptitudes

Natural abilities or talents that can influence cognitive processes such as learning, reasoning, and problem-solving.

Heredity

The genetic transfer of characteristics from parents to offspring.

Standardize Intelligence Tests

Psychometric tests that are designed and administered in a consistent manner to measure aspects of an individual's intelligence or cognitive abilities.

Mental Age

A measure of a person's cognitive abilities in comparison to what is typical for their chronological age.