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5 Written questions

5 Matching questions

  1. difficult customer
  2. interest rate
  3. megotiable order of withdrawal (now) account
  4. on other check
  5. maturity
  1. a a bank's term for a check presented to it for deposit or payment but drawn on another bank
  2. b the date on which a note, draft, acceptance, or bond becomes due and payable
  3. c the percentage rate charged for the use of money, usually quoted on an annual basis
  4. d a customer who presents problems that cannot be solved, expresses anger, or displays disruptive behavior
  5. e a deposit account from which funds can be drawn by writing a check

5 Multiple choice questions

  1. program whereby a check issuer delivers the check directly to the payee's bank for credit to his or her account
  2. cash in teller's drawer at the end of the day
  3. to leave money or items with a bank for credit to a bank account
  4. person who signs and delivers (executes) a note or other promise to pay
  5. charging a fee for the use of money

5 True/False questions

  1. loanthe restriction of payment of part or all of the funds in an account

          

  2. on us checka term used by a bank for a check drawn on the bank and presented to that bank for deposit or payment

          

  3. interestthe percentage rate charged for the use of money, usually quoted on an annual basis

          

  4. Demand depositprogram whereby a check issuer delivers the check directly to the payee's bank for credit to his or her account

          

  5. investmentthe amount paid by a borrower to a lender in exchange for the use of the lender's money over a certain period