Which of the following represent liabilities to a bank?
A) deposits it accepts from its customers and securities it buys
B) deposits it accepts from its customers, the borrowing it does in security markets and its equity capital
C) the borrowing it does in security markets and the loans it provides
D) loans to customers
Answer: B
Business
You might also like to view...
Which of the following completes an escrow?
a. title search b. signing of the deed c. recordation of appropriate instruments d. acknowledgement of all instruments
Business
Which of the following, originally known as the International Bank for Reconstruction and Development, was founded to fund construction of Japan and Europe after World War II?
A) The International Monetary Fund B) The Financial Stability Board C) The World Bank D) Bank for International Settlements
Business