Which of the Following Would Not Be an Operations Function

question 93

Multiple Choice

Which of the following would not be an operations function in a commercial bank?

• A) auditing
• B) teller scheduling
• C) maintenance
• D) collection
• E) cheque clearing

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Definitions:

Dividend

A portion of a company's earnings that is distributed to shareholders as a reward for their investment.

Par Value

Par Value is the face value of a bond or share of stock as stated by the issuing company, and it's often a nominal amount used for accounting purposes.

Dividends Payable

This is a liability on the balance sheet representing the amount of dividends that a corporation has declared but not yet paid to its shareholders.

Current Liability

A company's debt or obligations that are due within one year.