The Human Development Index measures the average achievements in a country on three basic dimensions of human development: mortality, knowledge, and standard of living

Financial statements are prepared after an entity's transactions are analyzed and recorded. Which of the following reports is one of the required financial statements?

A) Statement of cash flows B) Statement of return on assets C) Statement of dividends D) Expense statement

If the interest rate spread between rate sensitive assets and rate sensitive liabilities increases for a bank, future increases in interest rates will lead to an increase in net interest income.

a. true b. false