
3rd go round
Authored by Julie Fonseca
Financial Education
Professional Development

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
How many hours of VTO are allotted to Full Time and Part TIme employees?
16 hours for Full Time
4 hours for Part Time
8 hours for Full Time
8 hours for Part TIme
16 hours for Full TIme
8 hours for Part Time
What is VTO?
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the daily minimum balance requirement for a Regular Business Savings Account? and what fee is charged if the requirement is not maintained?
$300
$20 per quarter
$300
$5 per month
$100
$5 per quarter
$300
$5 per quarter
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Business Entities can use a Social Security Number as the Tax ID number for the business if they registered as one of these 2 formations-
Sole Proprietor only
Sole Proprietor and Single Member LLC
Sole Proprietor and Corporation
Single Member LLC and LLC
4.
MULTIPLE CHOICE QUESTION
30 sec • 6 pts
Matricular IDs from these 2 countries can be used as primary ID to open an account
Mexico and Venezuela
Mexico and Nicaragua
Mexico and Honduras
Mexico and Guatamala
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the name of the disclosure document that contains the sizes and pricing for Safe Deposit Boxes?
Safe Box Fee Schedule
Fee Schedule
Safe Box Map
Safe Box Lease Agreement
6.
FILL IN THE BLANK QUESTION
30 sec • 5 pts
Maintaining $5,000 in combined average monthly balances across a customer's personal accounts based on the previous month's statement cycle will allow monthly service charges to be waived for Anywhere and Bloom Packages- TRUE OR FALSE
(a)
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the fee to make an ATM deposit for a business account?
$1
$2
$0.50
There is no fee for BUSINESS Account atm deposits
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