1. which of the following is considered a savings product offered by banks? a) credit card b) certificate of…

1. which of the following is considered a savings product offered by banks? a) credit card b) certificate of deposit (cd) c) personal loan 2. what does the term fdic stand for in u.s. banking? a) federal deposit insurance corporation b) financial deposits investment company c) federal debt insurance commission d) funded deposit interest corporation 3. what is the best example of a discretionary expense? a) house mortgage payment b) cup of coffee at dunkin c) car loan payment d) gas money 4. which of these is not a type of electronic banking service? a) mobile banking app b) atm withdrawal c) online bill pay d) safety deposit box 5. why is it important to regularly review your bank statements? a) to ensure you earn interest b) to check for errors or fraudulent charges c) to avoid having to visit the bank d) because banks require it

1. which of the following is considered a savings product offered by banks? a) credit card b) certificate of deposit (cd) c) personal loan 2. what does the term fdic stand for in u.s. banking? a) federal deposit insurance corporation b) financial deposits investment company c) federal debt insurance commission d) funded deposit interest corporation 3. what is the best example of a discretionary expense? a) house mortgage payment b) cup of coffee at dunkin c) car loan payment d) gas money 4. which of these is not a type of electronic banking service? a) mobile banking app b) atm withdrawal c) online bill pay d) safety deposit box 5. why is it important to regularly review your bank statements? a) to ensure you earn interest b) to check for errors or fraudulent charges c) to avoid having to visit the bank d) because banks require it

Answer

Brief Explanations:

  1. Un producto de seguridad financiera ofrecido por bancos es el Certificado de Depósito (CD), entonces la respuesta es c).
  2. El FDIC significa Federal Deposit Insurance Corporation en el sistema bancario estadounidense, respuesta a).
  3. Un gasto discrecional es aquel que no es esencial, como comprar un café en Dunkin', respuesta b).
  4. Una caja de seguridad no es un servicio bancario electrónico, respuesta d).
  5. Es importante revisar regularmente los estados de cuenta bancarios para detectar errores o cargos fraudulentos, respuesta b).

Answer:

  1. c) Certificado de Depósito (CD)
  2. a) Federal Deposit Insurance Corporation
  3. b) Cup of Coffee at Dunkin'
  4. d) Safety deposit box
  5. b) To check for errors or fraudulent charges