PART A: Which sentence best describes one aspect of the relationship between banks and their clients?A. Banks often use their clients' money without their knowledge or permission.B. Banks exist only to profit from their clients by charging them unnecessary fees.C. Banks can use clients' money for loans and clients can make money on interest.D. Banks control how much money their clients can withdraw from all of their accounts.

two reasons why referring your own clients to Money Management could improve your business practices and benefit both yourself and your organisation.

Consumers may not use banks because of fees and privacy issues. True False

Banks’ major use of funds is:

What is the main role of a bank?Multiple ChoiceServe as an intermediary between savers and borrowersInvest in businessesGive out loans to customersHold money in a safe for customers

Which of the following best illustrates the use of money as a unit of account?a.A student buys books with money.b.A business owner keeps track of every dollar spent and receipt.c.A high school student contributes money from a summer job to a savings account that will be used to contribute to the cost of attending college.d.A child pays for chocolate with money.