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Please answer the following questions: 1) What is cash management, and what are its major functions? 2) What is the difference between a bank and

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Please answer the following questions: 1) What is cash management, and what are its major functions? 2) What is the difference between a bank and a credit union? Why is it important to know the difference? 3) What role does the FDIC play in insuring financial institutions? What other federal insurance program exists? Explain. 4) Would it be possible for an individual to have, say, six or seven checking and savings accounts at the same bank and still be fully protected under federal deposit insurance? Explain. Describe how it would be possible for a married couple to obtain as much as $1,500,000 in federal deposit insurance coverage at a single bank. 5) What are your legal rights and responsibilities when using EFTSs? Please submit this assignment as a WORD document and save the file as "WK4 Assignment" and Your Name (Example: WK4Assignment Melissa Weathersby)

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