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Which of the following statements concerning direct deposit is false?
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
A debit card is a:
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
If a checking account begins the month with a balance of $35.00 and over the month has debits of $150.00 and credits of $175.00, the balance at the end of the month is ____.
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
Why is it important to balance bank accounts?
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
Overdraft service is:
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
What is the number one cause of overdraft fees?
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
Which of the following statements concerning a bank savings account is false?
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
Which of the following is true of check-cashing services?
service offered by banks for a point of sale transaction. It replaces both cash and checks.
It isn't legal for companies to require employees to use direct deposit.
All of these choices
$10.00
Voluntary service for consumers provided by financial institutions to generally approve and pay overdraft transactions when t
You will pay a hefty fee for cashing or depositing your paycheck into a savings account.
Use of debit/ATM cards without money in the account.
Check cashing services charge hefty fees for cashing paychecks.
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