menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 19: Liability and Liquidity Management
  5. Question
    Implicit Interest Involves the Process of Crediting the Interest Payment
Solved

Implicit Interest Involves the Process of Crediting the Interest Payment

Question 79

Question 79

True/False

Implicit interest involves the process of crediting the interest payment directly to a deposit account as opposed to sending an explicit interest check to the customer.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q74: By definition, all transaction accounts at U.S.FIs

Q75: Which of the following is a mechanism

Q76: An instrument whose ownership can be transferred

Q77: The Federal Reserve allows the DI to

Q78: Over the past 30 years in the

Q80: Since 1998, interest rate variability in the

Q81: Under contemporaneous reserve accounting, there is a

Q82: A NOW account requires a minimum monthly

Q83: Which of the following is an outcome

Q84: Which of the following is a mechanism

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines