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    Institute of Internal Auditors (IIA)
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    Exam 1: Certified Financial Services Auditor
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    Checking Account May Pay Interest
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Checking Account May Pay Interest

Question 277

Question 277

Multiple Choice

Checking account may pay interest. Checking accounts that pay interest are referred as a:


A) Saving deposit
B) Direct deposit
C) MMDAS (money market deposit account)
D) Negotiable order of withdrawal account (NOW)

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