1.) Deposits are insured for at least $100,000. A.) Lv 7. Rather than set debt according to a target debt-equity ratio or interest coverage level, a firm may adjust its debt according to a fixed schedule that is known in advance. A. investing is beneficial to the economy. What caused feudalism to decline? ... 3 When was the Declaration of Independence signed? D. A TCP connection is required before exchanging updates. TRUE. Which of the following statements is false? Savings accounts are best used to store money for longer-term goals. How is the history of king Leopold taught in the Congo? If it is FDIC-insured, your money is safe even if the bank fails. Savings accounts may require you to maintain a minimum balance to avoid paying a fee. Savings accounts pay interest on the money you deposit. Which of the following statements about savings accounts is FALSE? a. The trust has the exempt period within which to distribute both the taxable and non-taxable amounts. a. False: True or False: Saving and investing have nothing to do with the amount of money you make. Which of the following statements are true and which are false? Favorite Answer. How does Stalin use bandwagon argument in his speech? Several factors will affect which kind of savings account suits you, including whether or not you will pay tax on the interest, how likely you are to need access to your money, and how long you are prepared to lock it away for. They have a monthly fee without meeting minimum requirmentsB. They earn intrest based on the balanceD. In 1781, George Washington forced the surrender of lord Cornwallis at? Question: Which of the following statements about savings accounts is FALSE? Update: Helppp!!!! Women experienced exploitation as a cheap source of labor. ... 4 Where did the pilgrims land in America? Question: Which Of The Following Statements About Checking Accounts Is FALSE? Savings accounts allow an unlimited amount of withdrawals each month. Which Of The Following Statements Is False? A. Which of the following statements is FALSE about Health Savings Accounts? The correct answer is D) savings account don't usually pay interest on the money you deposit. b. HSAs are available to any taxpayer using a health plan purchased through the state or … The statement about a savings account that is false is "savings account don't usually pay interest on the money you deposit. B. Selected Answer: HSAs require participants to use it or lose it in that unused funds cannot be rolled over to the next year. b. Relevance. b. the additional paid-in capital account has a… © 2020 Education Expert, All rights reserved. c. Distributions from HSAs are not taxable when used to pay qualifying medical expenses. a. Which one of the following statements about BGP is FALSE? Compounding 4 times a yearC.) ... 2 Who first discovered America? What steps did the United States take to support the Allies, both in Asia and in Europe, before Pearl Harbor? SURVEY . Which Of The Following Statements About Savings Accounts Is False Quizlet can offer you many choices to save money thanks to 18 active results. Because trade increased, cities grew, and a middle class was created, the system was no longer necessary. answer choices. Which of the following is a false statement about Health Savings Accounts (HSAs)? Which of the following statements is FALSE? Money in a bank is usually easy to access via ATM, debit card or check. We have step-by-step solutions for your textbooks written by Bartleby experts! 2 Answers. 8. Answer to: Which one of the following statements is false? a)The current balance shows the balance for the trade in goods and services combined.b)If a foreign citizen places some money in a deposit in the UK, the accounts regard this as a credit.c)If the government's reserves of foreign currencies increase, then there is a minus sign by this item. 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