Daylight Overdrafts Occur

question 16

Multiple Choice

Daylight overdrafts occur:

• A)When a bank's Federal Reserve account is positive during the day
• B)When a bank's Federal Reserve account is negative during the day
• C)Mainly because of international funds transfers of government securities transactions
• D)'a' and 'c'
• E)'b' and 'c'

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Definitions:

Fundamental Attribution Error

The overestimation of internal factors and underestimation of external factors driving individual behaviour.

Representativeness Bias

Basing a decision on similarity to other situations.

Facilitator

An individual who makes an action or process easier or assists in the progress of discussions and processes within a group.

Supervisor

An individual who oversees and manages the work of others, typically in a professional or work setting.