) You have recently started your training with National Bank of Oman. A customer approaches you to get information about different types of deposit accounts. Which of the following do you think is not true for demand deposit account? a. Is suitable for firms and companies b. Can withdraw amount before the maturity
) You have recently started your training with National Bank of Oman. A customer approaches you to get information about different types of deposit accounts. Which of the following do you think is not true for demand deposit account? a. Is suitable for firms and companies b. Can withdraw amount before the maturity
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 1CE: Match the following words with their definitions by entering the correct number in the spaces below....
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8) You have recently started your training with National Bank of Oman. A customer approaches you to get information about different types of deposit accounts. Which of the following do you think is not true for demand deposit account?
a.
Is suitable for firms and companies
b.
Can withdraw amount before the maturity
c.
No interest given on deposit
d.
Deposit accepted many times in a day
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