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Sheila is ready to reconcile her bank statement with her check record. What should she do?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
Vera authorized the bank to pay her phone bill each month from her account. Which E-banking service is this?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
What is a certified check?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
Jake has a basic account that allows him to deposit and withdraw money, write checks, and receive a monthly statement with no service charge if he maintains a minimum balance of $5
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
Darlene needs to borrow money to buy a townhome. What type of financial service would meet this need?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
What is a Traveler's check?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
How do credit unions and brokerage firms compare?
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
An advantage of E-banking over traditional banking is that:
Brokerage firms specialize in buying and selling stocks; credit unions do not
Automated Teller Machine (ATM)
A check used in place of cash when traveling for greater security
E-banking is faster and accepted worldwide.
Checking account
Credit card
A personal check with a bank’s guarantee of payment
Add checks outstanding and subtract deposits made since statement
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