41. Which of the following is NOT a type of electronic payment method?
a) Credit card payment
b) Debit card payment
c) Cash payment
d) Mobile payment
42. What is the purpose of a business overdraft facility?
a) To save for short-term expenses
b) To make online purchases
c) To provide funding for higher education expenses
d) To provide a source of funds when a business account becomes overdrawn
43. Which of the following is NOT a type of investment account for minors?
a) Coverdell Education Savings Account (ESA)
b) Custodial account (UTMA/UGMA)
c) 401(k) account
d) 529 savings plan
44. What is the purpose of a corporate bond?
a) To provide funding for personal needs
b) To provide funding for higher education expenses
c) To provide a source of funds for corporations
d) To provide funding for home renovations and repairs
45. Which of the following is NOT a type of online banking service?
a) Checking account
b) Savings account
c) Money transfer
d) Bill payment