About This Chapter
Financial Literacy - Chapter Summary
In this chapter, you'll learn the finer points of financial literacy. Our instructors have put together engaging video lessons that will teach you all about banking institutions and banking reconciliation. In addition, you'll delve into the finer points of savings options and investment opportunities afforded to investors. Once done with this chapter, you'll be able to:
- Define banking reconciliation and its purpose
- Give examples of banking reconciliation
- Identify and explain the purposes of different savings options
- Explain the purposes of different banking institutions
- Define investment opportunities such as stocks and bonds
Our video lessons on this subject will definitely keep you entertained while helping you learn. Our proven instructors have put together informative, captivating lesson plans that are easy to use. Follow along with our video transcripts, and when you want to go back and review a main point, try out our helpful video tags. After you think you have the lesson down cold, test your know-how with our self-assessments.
1. What is Bank Reconciliation? - Definition, Purpose, Process & Examples
Ensuring that a company's cash account is in balance is a vital part of an accounting professional's job. In this lesson, you will learn about bank reconciliation.
2. Institutions of the U.S. Banking System
The United States banking system is diverse and consists of many different types of institutions. In this lesson, you'll learn about commercial banks, savings and loan associations, credit unions, and investment banks.
3. Investment Opportunities in Stocks and Bonds
Investors often turn to the stock and bond markets when investing their money. Each market offers opportunities and risks for the individual investor. In this lesson, we'll explore the nature of these investments.
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Other chapters within the FTCE Marketing 6-12 (057): Test Practice & Study Guide course
- Marketing Careers and Employability
- Human Relations
- Marketing Mathematics
- Economic Principles
- Marketing Principles
- Business Operations
- Sales Promotion
- Product and Service Technology
- Leadership and Management
- Work-Based Experiences
- Program Operation
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