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    Financial Markets and Institutions Study Set 1
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    Exam 17: Banking and the Management of Financial Institutions
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    The Largest Operating Expense for a Bank Is
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The Largest Operating Expense for a Bank Is

Question 63

Question 63

Multiple Choice

The largest operating expense for a bank is


A) salaries and employee benefits.
B) interest paid on discount loans.
C) interest paid on federal funds borrowed from other banks.
D) interest paid on deposits.

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