Section 3 Study Questions (6.0 points) Lesson 1 (3.0 points) 1. What is cash? (0.5 points) holding is money that is in a form of coins or projection screen bills 2. What is a edge sleep? (0.5 points) A bevel symmetricalness is the amount of money you have in a situate account. 3. disclose at least both things to consider when choosing a lodge building. (1.0 points) Trust is one main(prenominal) key to choosing a bank, reservation for positive(predicate) they are well know and have been conventional for a well within your community. Protection risk is another, devising sure they have policies that deal directly which the risk of banking. 4. Name at least two risks banks face. (1.0 points) A bank or a bank panic and bad investments are two risks a bank faces. Lesson 2 (3.0 points) 1. List the three main types of transactions. (1.0 points) deuce-ace main transactions are depositing money, withdrawing, and shippingring money. 2. What are calculate cards? (0.
5 points) Money that can be electronically scanned to shipping money from one bank account to another and that is commonly made in a wallet sizes. 3. What is reconciling your bank statement? (0.5 points) Its when you look at your checkbook muniment and your bank statement and make sure everything is compatible. 4. What is a marginal counterpoise? (0.5 points) The least amount of money that you have unploughed in your account. 5. What is an endorsement? (0.5 points) Its the signature that is in the concealment of the check.If you destiny to get a full essay, order it on our web site:
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