Pick the right answer, quickly

Exercise and reference answers

Questions

1. Question

   Substandard provision is:

   Choices

   1. 15 per cent
   2. 25 per cent
   3. 40 per cent

   Correct choice

   15 per cent

2. Question

   Unsecured means security below:

   Choices

   1. 10 per cent
   2. 20 per cent
   3. 30 per cent

   Correct choice

   10 per cent

3. Question

   Fraud provision may spread over:

   Choices

   1. Two quarters
   2. Four quarters
   3. Six quarters

   Correct choice

   Four quarters

4. Question

   Commercial real estate standard rate:

   Choices

   1. 0.25 per cent
   2. 0.40 per cent
   3. 1.00 per cent

   Correct choice

   1.00 per cent

5. Question

   A credit card is past due after:

   Choices

   1. Three days
   2. Seven days
   3. Thirty days

   Correct choice

   Three days

Instructions

Tap the correct answer before the round moves on.

Explanation