All of the following are true of money market deposit accounts (MMDAs) except
A) a minimum balance is required.
B) they pay higher interest than a NOW account
C) a limited number of checks may be written monthly.
D) they are the same regardless of the depository institution offering them.
Answer: D
You might also like to view...
New entrants to an industry bring all of the following except:
A) new capacity. B) desire to gain market share. C) desire to gain market position. D) new approaches to customer needs. E) decline in per-unit product costs.
Triton Corporation's direct labor costs for the month of December are as follows:
Actual direct labor hours 6,000 Standard direct labor hours 5,000 Direct labor rate variance-favorable $900 Total payroll $48,000 What was Triton's direct labor efficiency variance (round all answers to the nearest whole cent)?
a.$9,780 favorable b.$9,600 favorable c.$ 8,150 unfavorable d.$9,600 unfavorableWhich of the following is a way of establishing ethical rules in Rawls's social justice theory?
A) by a set of universal rules based on consistency and reversibility B) from an original position of a veil of ignorance C) by the ruling class or people in advantageous positions D) by following what's best for the society as a whole
The most notable exception to caveat superior was for
a. Food b. Automobiles c. Clothing d. Shoes