The process of determining standards and procedures for dealing with judgmental
decisions affecting other people is called:
Banking and Financial Systems
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Meaghan Rivera
Used 46+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The process of determining standards and procedures for dealing with judgmental
decisions affecting other people is called:
mission
standards
ethics
courtesy
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
_______ is the act of opening accounts at two or more institutions and using the "float
time" of available funds to crate fraudulent balances.
Counterfeiting
Reconciliation
Check kiting
Forgery
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The amount an original deposit will be worth in the future based on its earning a
specific interest rate over a specific period of time is referred to as:
future value
present value
current value
time value
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which one of the following is not a typical duty of a bank teller?
balance the cash drawer daily
prepare currency and coin for retail customers
sell savings bonds
manage large sums of money placed in trust with the bank according to clients’
wishes
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is one type of deduction that employers are required to take from an employee’s
paycheck?
social security
estate tax
sales tax
discretionary tax
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Individuals who you financially support in your household are:
dependents
heirs
tax shelters
exemptions
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What are you typically required to fill out first before you can rent an apartment?
credit application
homeowner application
sales application
rental application
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