> > >

Retail Banking Industry And Processes MCQs

How is a savings account different from a certificate of deposit?

Savings accounts are only at banks, cd's are only at credit unions

Savings accounts can be added to or withdrawn from at any time, CDs can not be

Savings accounts are for anyone, cd's are only for rich people

Savings accounts are required by anyone having a checking account, CDs are not

Answer

Correct Answer: Savings accounts can be added to or withdrawn from at any time, CDs can not be

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Retail Banking Industry And Processes Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it

More Retail Banking Industry And Processes MCQ Questions

Retail Banking Industry And Processes Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it