The Local Branch of the Universal Bank System (UBS)receives Money

question 103

Multiple Choice

The local branch of the Universal Bank System (UBS) receives money from depositors and lends it to borrowers.Which of the following would be true about UBS's financial statements?

• A)UBS reports deposits as assets and loans as liabilities.
• B)UBS reports both deposits and loans as assets.
• C)UBS reports deposits as liabilities and loans as assets.
• D)UBS reports both deposits and loans as liabilities.

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Reinforcement

In behavioral psychology, an event that strengthens or increases the likelihood of a behavior by providing a consequence an individual finds rewarding.

Microsystem

In bioecological systems theory, the innermost level of context, which includes an individual’s immediate physical and social environment.

Mesosystem

In bioecological systems theory, the relations and interactions among microsystems.