Banking Test-EXAM QUESTIONS AND ANSWERS 2025/2026 UPDATE WITH COMPLETE SOLUTIONS (GRADED A+) DETAILED ANSWERS!!

Banking Test-EXAM QUESTIONS AND ANSWERS 2025/2026 UPDATE WITH COMPLETE SOLUTIONS (GRADED A+) DETAILED ANSWERS!! a person makes a deposit of $10,000 or more into a bank account, the bank must notify the A) US Treasury Department. B) Federal Deposit Insurance Corporation. (FDIC). C) State Banking Commission. D) Federal Reserve Board. - A) US Treasury Department. Joan wants to open a checking account and wanders if checking accounts pay interest. How do you answer her question? a) all checking accounts pay interest b) Some types of checking accounts pay interest c) checking accounts never pay interest d) checking accounts pay interest if the account balance does not fall below $300 - b) some types of checking accounts pay interest