IIA
IIA-CFSA · Question #153
Deposit accounts are either interest bearing or non-interest bearing. Interest bearing accounts includes _________ and ___________. The types of accounts bear interest for a fixed period of time and…
The correct answer is A. Savings accounts, certificates of deposit. See the full explanation below for the reasoning.
Question
Deposit accounts are either interest bearing or non-interest bearing. Interest bearing accounts includes _________ and ___________. The types of accounts bear interest for a fixed period of time and are known as time deposits.
Options
- ASavings accounts, certificates of deposit
- BSavings accounts, term deposit
- CCertificate of deposit, Savings accounts and certificates of deposit
- DSavings accounts, certificates of deposit and non-interesting bearing account
How the community answered
(48 responses)- A71% (34)
- B19% (9)
- C4% (2)
- D6% (3)
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