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Banking & Debt Finance Prep & Workshop Notes latest

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U.S. money includes subtle colors in addition to the traditional green, as well as enhanced security features, such as a watermark, security thread, and color-shifting ink. Which of the following ... characteristics of money is being protected by these measures? Selected Answer: Stability Answers: Acceptabil ity Portability Divisibility Stability Inimitabilit y  Question 2 1 out of 1 points Which of the following statements is true of money? Selected Answer: It is anything accepted in exchange for goods and services. Answers: It is not readily convertible to precious metal. It needs to be accompanied by a government "note" or promise to be considered valid. It is anything accepted in exchange for goods and services. It is not a gold-backed currency. It is exclusively dispatched through automated teller machines.  Question 3 1 out of 1 points A movement of funds by means of a _____ is most likely to be referred to as electronic funds transfer. Selected Answer: telephoneAnswers: credit card debit card mutual fund telephone checking account  Question 4 1 out of 1 points _____, a form of electronic banking, allow financial institutions to reduce costs by facilitating "paperless" transactions. Selected Answer: Automated teller machines Answers: Checks Money orders Credit cards Automated teller machines Overnight deposit boxes  Question 5 0 out of 1 points Which of the following is true of Kickstarter? Selected Answer: It raises money for health care issues. Answers: It matches investors and borrowers. It raises money for health care issues. It raises money for personal financing needs. It raises money for causes and charities. [Show More]

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