Which of the following are checkable deposits?

Question

Quizplus · Accepted Answer

Checkable deposits are those deposits that can be easily accessed and used to make payments or withdrawals through checks, debit cards, or other forms of electronic transfers. Savings accounts and certificates of deposit are not considered checkable deposits because they have restrictions on the number of transactions and withdrawals that can be made, while small-denomination time deposits may have penalties for early withdrawal. On the other hand, negotiable order of withdrawal (NOW) accounts are a type of interest-bearing checking account that allows unlimited deposits and withdrawals, making them a form of checkable deposit.

Which of the Following Are Checkable Deposits