1. Insert/ place graphics into documents- Pictures & clip art can be inserted or copied into a document from many different sources, including downloaded from clip art Web site provider, a Web page, or inserted from a folder where you save pictures
2. 5 Functions of management- Planning, Organizing, Staffing, Leading, & Monitoring
3. Résumés - A document used by persons to present their backgrounds and skills. Résumés can be used for a variety of reasons, but most often they are used to secure new employment
4. Social responsibility of business- the responsibility of every student for his/her actions. It is morally binding on everyone to act in such a way that the people immediately around them are not adversely affected. It is a commitment everyone has towards the society – contributing towards social, cultural and ecological causes
5. Savings account-accounts maintained by retail financial institutions that pay interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and in some jurisdictions, does not incur a reserve requirement, freeing up cash from the bank's vault to be lent out with interest
6. Compound Interest- Interest that accrues on the initial principal and the accumulated interest of a principal deposit, loan or debt
7. Simple Interest- is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,or money earned by deposited funds.
8. Checking account- A transactional deposit account held at a financial institution that allows for withdrawals and deposits
9. Check endorsement-Check endorsements are how the back of the check is signed or stamped.
10. Check Writing-Writing a check is an important adult skill that everyone should know. Filling out a check is relatively easy as long as you know what goes where
11. Bank Statement- is a summary of financial transactions which have occurred over a given period of time on a bank account held by a person or business with a financial institution
12. Check book reconciliation- keep track of your transactions in checkbook
13. Deposit Slip-A small written form that is sometimes used to deposit funds into your account
14. Differences between Bank and Credit Union-
15. Credit Card- is a payment card issued to users as a system of payment
16. Credit History-Your credit history describes how you use money
17. Credit report-a record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy
18. FICO score- a person's credit score calculated with software from Fair Isaac Corporation
19. Debit card-a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
20. Credit card interest rate- the price you pay for borrowing money.
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