Which of the Following Observations Is True of Nontransaction Deposits

question 10

Multiple Choice

Which of the following observations is true of nontransaction deposits?

• A)​depositor can use them directly as a means of payment
• B)​they do not pay any interest
• C)​depositor cannot directly write checks against them
• D)​they generally pay lower interest rates than transaction deposits

---

Definitions:

Incubator

An incubator is a device used to grow and maintain microbiological cultures or cell cultures under controlled conditions.

Babinski Reflex

A reflex action in babies, where the big toe extends upward when the sole of the foot is stimulated.

Stages of Childbirth

The three main phases of labor during delivery: dilation of the cervix, expulsion of the fetus, and delivery of the placenta.

Infant Reflexes

Involuntary movements or actions automatically performed by infants in response to specific stimuli.