IIA
IIA-CFSA · Question #85
Non-interest bearing accounts including checking accounts and escrow accounts are known as:
The correct answer is B. Demand deposit accounts. See the full explanation below for the reasoning.
Question
Non-interest bearing accounts including checking accounts and escrow accounts are known as:
Options
- ATerm deposit accounts
- BDemand deposit accounts
- CFixed deposit accounts
- DBoth A and C
How the community answered
(42 responses)- A10% (4)
- B83% (35)
- C5% (2)
- D2% (1)
Community Discussion
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