Which Statement Is Most Correct About the Types of Deposits

question 341

Multiple Choice

Which statement is most correct about the types of deposits a commercial bank can accept?

• A)A commercial bank accepts checking,savings and time deposits.
• B)A commercial bank can only accept checking deposits from commercial enterprises.
• C)A commercial bank accepts savings and time deposits,but not checking deposits.
• D)A commercial bank does not accept deposits but sells shares.
• E)A commercial bank can accept loan deposits,reserve deposits,and checkable deposits.

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Definitions:

Semantic Memory

A subset of long-term memory involving the capacity to remember meanings, understandings, and concept-based knowledge unrelated to specific experiences.

Short-Term Memory

The part of the memory system where information is stored for a short duration, typically for a few seconds to a minute.

Sperling's Partial Report Technique

A cognitive psychology experiment that demonstrated the existence and characteristics of the visual sensory memory by asking participants to recall a subset of characters from a briefly displayed array.

Digit-Span

A common memory test that measures the capacity of one's short-term memory to recall a sequence of numbers.