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
- What is the FDIC?
- What does the FDIC do?
- When was the FDIC established?
- What accounts are insured up to $100,000?
- What accounts are insured up to $250,000?
- What is the most used option for resolving institution failures?
II. Classwork
A. Movie Handout