Which one of the following institutions cannot stop the operation of an account in its entirety or stop payment for various reasons?

Here are the solutions to the questions. Step 1: Solve Question 5 "Dishonest act by an employee that results in personal benefit to the employee at a cost the employer is known as -------- (10 points)" A/ Thief B/ Fraud C/ Black list D/ Dishonored cks E/ All of the above Explanation: A dishonest act committed by an employee for personal gain, at the expense of the employer, is commonly defined as fraud. Theft is a specific type of fraud, but fraud encompasses a broader range of such dishonest acts. Answer: B/ Fraud* Step 2: Solve Question 6 "A place where deposit are received or withdrawal, cheque are paid out, money lent or other banking business held is called -------- (10 points)" A/ Bank B/ Branch C/ NBE D/ Wegagen Bank E/ RTGS Explanation: The description refers to the general functions performed at a bank or a branch of a bank. Since "Bank" is a broader and more encompassing term for such an institution, it is the most appropriate answer. Answer: A/ Bank* Step 3: Solve Question 7 "One of the following is not types of customers -------- (10 points)" A/ Fixed Time deposit B/ Individual C/ Corporate D/ All of the above E/ A & B Explanation: Customers are typically categorized as Individual or Corporate. A Fixed Time Deposit is a type of banking product or account, not a category of customer. Answer: A/ Fixed Time deposit* Step 4: Solve Question 8 "A check is drawn without sufficient fund cover in the account and is rejected by paying bank for the reason. (10points)" A/ Delinquent B/ dishonoured C/ Black list D/ All of the above Explanation: When a check is presented for payment but there are insufficient funds in the account to cover the amount, the bank will reject it. This action is known as the check being dishonoured or "bounced." Answer: B/ dishonoured* Step 5: Solve Question 9 "Which one of the following is important in resource mobilization technique? (10 points)" A/ Environmental scanning B/ Door to door service C/ Digital services D/ Improve service excellence E/ All Explanation: All the listed options are important techniques for resource mobilization. Environmental scanning* helps identify opportunities and threats. Door-to-door service* can directly reach potential resource providers. Digital services* enhance accessibility and efficiency in collecting resources. Improving service excellence* attracts and retains customers, which is crucial for mobilizing resources like deposits. Answer: E/ All* Step 6: Solve Question 10 "Which one of the following institutions cannot stop the operation of an account in its entirety or stop payment for various reasons? (10 points)" A. Ethiopian Revenues and Customs Authority B. Development Bank of Ethiopia C. Financial Intelligence Bureau D. Court Authorities E. None of the above Explanation: The Ethiopian Revenues and Customs Authority, Financial Intelligence Bureau, and Court Authorities all possess legal powers to freeze accounts or stop payments under specific circumstances (e.g., tax evasion, money laundering, court orders). The Development Bank of Ethiopia is primarily a lending institution focused on development projects and does not have the regulatory or judicial authority to unilaterally stop account operations or payments for various reasons, unlike the other listed bodies. Answer: B/ Development Bank of Ethiopia* 3 done, 2 left today. You're making progress.