Assume That You Are the Parent of a Child Between

question 58

Essay

Assume that you are the parent of a child between the ages of 8 and 11.Based on the reading and research presented in the text,what kinds of rules,if any,would you set around TV watching and internet usage for your child?

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Definitions:

Electronic Fund Systems

Systems that enable the electronic transfer of money from one bank account to another without the direct involvement of bank staff.

Automated Teller Machines

Electronic banking outlets that allow customers to complete transactions without the need for a branch representative.

Direct Deposits

Direct Deposits involve the electronic transfer of a payment directly from the account of the payer to the recipient's account, commonly used for payroll or benefit disbursements.

Float Time

The period between when a bank check is written and when it is actually withdrawn from the payer's account, typically used to advantage cash flow.