Accounting 1 – 5/02/08

Objectives: 

  •  Understand legal  issues and ramifications related to checks and checking accounts

I.  Bellwork- https://www.fdic.gov/about/learn/symbol/index.html

A.  Answer the following questions

  1. What is the FDIC?
  2. What does the FDIC do?
  3. When was the FDIC established?
  4. What accounts are insured up to $100,000?
  5. What accounts are insured up to $250,000?
  6. What is the most used option for resolving institution failures?

II.  Classwork

A.  Movie Handout


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