Free Financial CFSA Exam Questions (page: 18)

View Related Case Study

Which one of the following generally pays higher rates of interest than saving accounts?

  1. Money market deposit accounts
  2. Certificates of deposit
  3. Term loans
  4. Asset-based financing

Answer(s): B



View Related Case Study

Interest rates offered on new CDs changes:

  1. Daily at most banks
  2. Twice a day at most banks
  3. Weekly at most banks
  4. Monthly at most banks

Answer(s): A



View Related Case Study

Certificates of deposit may be:

  1. Bearable or registered
  2. Negotiable or non-negotiable
  3. None of these
  4. Both of these

Answer(s): D



View Related Case Study

Many businesses generally find CDs to be a:

  1. Satisfactory money management approach
  2. More than satisfactory money management approach
  3. Less than satisfactory money management approach
  4. Dissatisfactory money management approach

Answer(s): C



View Related Case Study

Non-interest bearing accounts including checking accounts and escrow accounts are known as:

  1. Term deposit accounts
  2. Demand deposit accounts
  3. Fixed deposit accounts
  4. Both A and C

Answer(s): B



Viewing page 18 of 104
Viewing questions 86 - 90 out of 511 questions



Post your Comments and Discuss Financial CFSA exam prep with other Community members:

CFSA Exam Discussions & Posts