1. Held-to-maturity securities are recorded on the balance sheet at amortized cost.

A. True. B. False.

2. Demand deposits :Transactions accounts that pay no interest

A. True. B. False.

1. At a independent bank, the __________ would typically be responsible for implementing the banks credit policy.

1. Cashier
2. Senior credit officer
3. Senior operations officer
4. Senior investment officer
5. Branch area executive

2. The payment method with the smallest transaction size is:

1. cash.
2. check.
3. debit card.
4. credit card.
5. ACH.