Semester Exam

Financial services refer to

• Management of money and services the institutions provide

• Management on how to withdraw of fund from a loan

• a. Management of how to get a checking account on the negative

Financial services institutions do all the following except?

• Hold and protect people’ money

• Lend money to people

• Put people in financial problems

Banks most common services are

• Depository and Lending

• Depository and Spending

• Withdrawal and Lending

What is capital?

• Most important city in a state

• Capital is a business cash or property

• Uppercase letter in a word

Insurance is a form of what?

• Finances

• Natural Disasters

• Risk Management

What government agency regulates banks in the US?

• SEC

• FDIC

• EEOC

Devalue is defined as....

• To reduce the value of something

• To increase value of something

Inflation is defined as.....

• The increase on value of money to lowering prices

• The declining value of money to rising prices

Money is defined as.....

• A loan from the bank

• Printed paper from the federal reserve bank

• A current medium of exchange in the form of coins and banknotes

Cash flows _____ and _____ of our hands.

• In and Out

• In and Over

• Over and Out