Section 3 Study Questions (6.0 points) Lesson 1 (3.0 points) 1. What is cash? (0.5 points) stead is money that is in a form of coins or go bills 2. What is a edge sleep? (0.5 points) A bevel fit is the amount of money you have in a aver account. 3. disclose at least both things to consider when choosing a lodge. (1.0 points) Trust is one main(prenominal) key to choosing a brink, reservation certain(p) they are well know and have been conventional for a well within your community. Protection risk is another, devising certain(a) 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) leash main transactions are depositing money, withdrawing, and shippingring money. 2. What are calculate card? (0.
5 points) Money that can be electronically scanned to transportation system money from one bank account to another and that is ordinarily 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 parallelism? (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 ask to get a full essay, order it on our website:
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