I have placed *** behind my choices.
If you see no *** or no comment, I agree with your answer.
which of the following services do banks not provide?
a. lines of credit
b. health insurance ***
c. currency exchange
d. none of above (THIS ONE)
which institutions does not offer RRSPs?
a. bank
b. credit union
c. trust company (THIS ONE)
d. investment company
*** I know that the first 3 all deal with RRSP's, as do investment companies. Should have a "none of these"
what is the one of the main services of a trust company?
a. chequing and savings account
b. bill payment
c. managing and invest assest (THIS ONE)
d. RRSP's and GICs
*** I deal with TD Canada Trust. They deal with all of these.
where would someone go to look for wealth management advice?
a. bank
b. trust company
c. investment company (THIS ONE)
d. all of the above ***
what can debit cards be used for?
a. accessing a bank account by phone
b. pay for services
c. transferring money between accounts
d. all of above (THIS ONE) ***
which of the following statements is true?
a. transaction with cheques and debit cards are recorded electronically, automatically ***
b. you need I.D to use a cheque at a store but not a debit card ***
c. cheques are more widely accepted in stores than debit cards
d. none of the above (THIS ONE)
This is a very dated question. c) is definitely wrong, so your choice is wrong
which of the following is not a disadvantage of using a debit card?
a. can be lost or stolen (THIS ONE)
b. interest charges ***
c. PIN may be hard to remember
d. may have fees
I hate double negative questions.
Why not say: "which of the following is an advantage of using a debit card" ?
Generally there are no interest charges, since the money comes right out of your account.
which of the following statement is false?
a. online banking allows banking after business hours
b. both a debit card and password are required for online banking
c. banking online is expensive (THIS ONE)
d. bills paid online on the weekend are not processed until the next working day
which of the following is not an advantage of online banking?
a. 24.7
b. instant access to accounts
c. able to deposit and withdraw money (THIS ONE)
d. accessible from anywhere
which of the following services do banks not provide?
a. lines of credit
b. health insurance
c. currency exchange
d. none of above (THIS ONE)
which institutions does not offer RRSPs?
a. bank
b. credit union
c. trust company (THIS ONE)
d. investment company
what is the one of the main services of a trust company?
a. chequing and savings account
b. bill payment
c. managing and invest assest (THIS ONE)
d. RRSP's and GICs
where would someone go to look for wealth management advice?
a. bank
b. trust company
c. investment company (THIS ONE)
d. all of the above
what can debit cards be used for?
a. accessing a bank account by phone
b. pay for services
c. transferring money between accounts
d. all of above (THIS ONE)
which of the following statements is true?
a. transaction with cheques and debit cards are recorded electronically, automatically
b. you need I.D to use a cheque at a store but not a debit card
c. cheques are more widely accepted in stores than debit cards
d. none of the above (THIS ONE)
which of the following is not a disadvantage of using a debit card?
a. can be lost or stolen (THIS ONE)
b. interest charges
c. PIN may be hard to remember
d. may have fees
which of the following statement is false?
a. online banking allows banking after business hours
b. both a debit card and password are required for online banking
c. banking online is expensive (THIS ONE)
d. bills paid online on the weekend are not processed until the next working day
which of the following is not an advantage of online banking?
a. 24.7
b. instant access to accounts
c. able to deposit and withdraw money (THIS ONE)
d. accessible from anywhere
1 answer