Multiple Choice
An asset of a bank is
A) the value of money that is on deposit.
B) the amount a depositor may legally borrow.
C) something of value that the bank owes to a depositor.
D) something of value that a bank owns.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Agraria uses bushels of wheat to quote
Q2: On which of the following assets are
Q4: One aspect of bank accounting is that
Q5: If people begin to hold more cash,
Q6: The primary feature of money is that
Q7: Which of the following observations is not
Q8: Due to the private nature of bank
Q9: The required reserve ratio is 10 percent,
Q10: Bankers have a reputation for conservatism in
Q11: A "near money" is an asset that