The Local Bank Has Decided to Double the Number of Its

question 3

Multiple Choice

The local bank has decided to double the number of its local branch offices.How will this affect the bank's balance sheet?

• A) Total assets will increase.
• B) Total liabilities will increase.
• C) Total liabilities will decrease.
• D) Total assets will decrease.
• E) Total assets and total liabilities will both remain unchanged.

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Definitions:

Appositional Growth

A process by which tissues increase in width or diameter through the addition of new layers on the surface of existing ones.

Bone Tissue

Bone tissue is a type of connective tissue that forms the skeleton of the body, providing structure, protection, and lever support for muscle action.

Epiphyseal Plate

A layer of cartilage at the end of long bones where new bone growth (ossification) occurs in growing individuals.

Parathyroid Hormone

A hormone secreted by the parathyroid glands that regulates the metabolism of calcium and phosphorus in the body.