The item on the liabilities and equity section of a bank's balance sheet that represents the largest proportion of a typical bank's liabilities and stockholders' equity is:

a. deposits
b. stockholders' equity
c. securities
d. federal funds

Answer: a. deposits

Business

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Customer relationship management refers to planning and control activities and information systems that link a firm with its downstream customers

Indicate whether the statement is true or false.

Business

Perez, a citizen and resident of Mexico, works in an international subsidiary of a U.S. company. Perez:

A) is not considered an employee of the company, as he does not have U.S. citizenship. B) may apply for U.S. citizenship after three years of working for the company. C) is protected under U.S. employment law. D) is not protected under U.S. employment law.

Business