American_Bankers_Association
CTFA · Question #38
CTFA Question #38: Real Exam Question with Answer & Explanation
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Question
It is a type of insurance account that protects funds on deposit against failure of the institution; can be insured by FDIC and the NCUA.
Options
- ADeposit insurance
- BShare draft account
- CInternet bank
- DChecking and saving accounts
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