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:

Gifted Population

Individuals, often children, who demonstrate exceptional natural abilities in one or more domains.

IQ Standards

Established norms used to interpret an Intelligence Quotient score, usually centered around an average score with deviations representing differences in intelligence.

Herrnstein and Murray

Authors of "The Bell Curve," a book that explores the role of intelligence in American society, sparking significant controversy.

The Bell Curve

A statistical distribution that represents many human traits and scores, where most occurrences fall near the middle of the range.