Checking Accounts with Unlimited Check-Writing and Pay Interest Are Known

question 43

Multiple Choice

Checking accounts with unlimited check-writing and pay interest are known as:

• A) demand deposit accounts.
• B) money market deposit accounts.
• C) NOW accounts.
• D) certificates of deposit.
• E) time deposits.

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Definitions:

Management By Exception

A management strategy where leaders intervene only when necessary, mainly when there are deviations from expected outcomes; it emphasizes autonomy in the regular tasks.

Positive Reinforcement

A technique in behavior analysis that involves the addition of a stimulus following a desired behavior, increasing the likelihood of that behavior occurring again.

Negative Reinforcement

A behavioral concept where the removal of an unpleasant stimulus strengthens a desired behavior.

Full Range Leadership Model

A leadership model that suggests leaders can operate across a spectrum of behavioral tactics, from laissez-faire to transformational leadership strategies.