BUSN 380 STUDY Career Path Begins/busn380study.com BUSN 380 STUDY Career Path Begins/busn380study.com | Page 28
money market account
Question 12. 12. (TCO 2) An example of a _____ deposit is a checking
account.
common
time
current
loan
demand
Question 13. 13. (TCO 2) Compared to other financial institutions,
credit unions provide an advantage in the area of
interest-bearing checking accounts.
low-cost personal loans.
flexible-rate loans.
credit cards.
variable-rate savings plans.
Question 14. 14. (TCO 2) _____ refers to the business hours and
location of a financial institution and can be an important factor when
it comes to consumer selection.
Safety
Cost
Compounding
Liquidity
Convenience