Laura keeps only 250,000 combined in her savings and checking accounts at Union Bank because she knows that:
this is the maximum amount insured per depositor.
A) any more will not earn additional interest.
B) this is the maximum allowed under federal law.
C) her bank prohibits her from depositing more.
D) her fees will be significantly higher if more money is deposited.
E) this is the maximum amount insured per depositor.
Question 2
Which of the following statements is most likely to appear in a job description?
A) MBA in Finance required
B) Five years experience using Excel and SPSS
C) Excellent quantitative and analytical skills
D) Responsible for performing investment analysis for stocks, bonds, and derivative securities
E) Three years experience as investment analyst
Example of Reconciling a Bank Statement Cont.
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