A bank's activities that earn income without expanding the bank's balance sheet, such as derivative trading, is known as

A) off-balance-sheet banking.
B) risk-adjusting assets.
C) core capital expansion.
D) supplementary capital investment.

Answer: A

Business

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What is a letter of comments?

A. A letter the SEC sends to a company indicating needed changes or clarifications in a registration statement. B. A questionnaire supplied to the SEC by a company suggesting changes in Regulation S-X. C. A letter included in a Form 10-K to indicate the management's assessment of the company's financial position. D. A letter composed by a company asking for information or clarification prior to the filing of a registration statement.

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