menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    PFIN
  4. Exam
    Exam 4: Managing Your Cash and Savings
  5. Question
    A ____________ Account Is Called a Demand Deposit Account
Solved

A ____________ Account Is Called a Demand Deposit Account

Question 30

Question 30

Multiple Choice

A ____________ account is called a demand deposit account. ​


A) checking
B) savings
C) term deposit
D) time deposit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Interest earned for a period should be

Q7: Which of the following savings vehicles is

Q25: When doing an account reconciliation,interest earned on

Q26: Daily balance requirements are an important criteria

Q29: The percentage of _ out of disposable

Q34: A check you wrote to buy shoes

Q45: Which of the following is an interest-bearing

Q55: The more frequently a bank compounds interest,

Q85: Extremely low interest rates favor investors and

Q95: Low interest rates result in:<br>A) facilitating a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines