Duplicate of POB Final Exam Review1

The FED aids in transferring funds between banks.  What function of the FED is this?

What is the last step of the check writing process?

A bank that offers safe deposit boxes, trusts, & loans describes which characteristic?

Alaska produces more salmon by the pound then any other state describes which advantage?

The FED approved the bank merger of Wachovia & Wells Fargo bank. What service is it of the FED?

Vera meets with her employees to discuss marketing campaigns describes which leadership style?

What financial document is used to show a person's reputation for paying their bills?

What is the first step in the check writing process?

Maria endorsed the backside of the check to cash it.  What type of endorsement is this?

Cuba bans American products to be sold in its country describes which trade barrier?

ChanelTV Company hires local delivery companies to setup equipment describes what type of risk?

A bank providing several ATMs and branches throughout the city describes which characteristic?

Duke Energy Power Company uses water to power the area.  Which resources is Duke Energy using?

Companies having less production & reducing employees describes which business cycle phase?

A company that sells shares of stock & relies on a board of director describes which business?

John is responsible for processing applications describes which level of managment?

A company choosing to produce gaming software based on demand describes which economic system?

Jan coordinated access to software & office space describes which function of management?

India limits the amount of imported wheat into its country describes which trade barrier?

Sarah purchased supplies with a store gift card of $300.  What type of payment is this?

A bank that accepts deposits from customers describes which type of institution?

Direct Finance Company sells services: policies & loans.  The type of financial institution is?

What is the first step in opening a checking account?

Sarah wrote for "deposit only" on the backside of her check.  What type of endorsement is this?

James endorsed his check over to Steve.  What type of endorsement did James use?