IIA
IIA-CFSA · Question #352
Checking account may pay interest. Checking accounts that pay interest are referred as a:
The correct answer is D. Negotiable order of withdrawal account (NOW). See the full explanation below for the reasoning.
Question
Checking account may pay interest. Checking accounts that pay interest are referred as a:
Options
- ASaving deposit
- BDirect deposit
- CMMDAS (money market deposit account)
- DNegotiable order of withdrawal account (NOW)
How the community answered
(47 responses)- A2% (1)
- B13% (6)
- C6% (3)
- D79% (37)
Community Discussion
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