BUSN 380 STUDY Career Path Begins/busn380study.com BUSN 380 STUDY Career Path Begins/busn380study.com | Page 30
Question 18. 18. (TCO 2) At times, funds deposited in an account may
be restricted by_____.
a holding period
outstanding checks
interest earned
service charges
electronic banking
Question 19. 19. (TCO 2) Service fees would be _____ in the bank
reconciliation process.
added to the bank statement balance
subtracted from the bank statement balance
added to the checkbook balance
subtracted from the checkbook balance
Question 20. 20. (TCO 2) When an individual borrows money to
purchase a new home, he or she will be charged a _____.
prime rate
discount rate
mortgage rate
Treasury bond rate
corporate bond
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BUSN 380 Week 2 Quiz Set 2