Which of the Following Statements Are True

question 32

Multiple Choice

Which of the following statements are true?

• A) A bank's assets are its sources of funds.
• B) A bank's liabilities are its uses of funds.
• C) A bank's balance sheet shows that total assets equal total liabilities plus capital.
• D) A bank's balance sheet indicates whether or not the bank is profitable.

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Definitions:

Population

The total number of individuals or organisms of a particular species living in a specific area or region at a given time.

Gene

A unit of heredity that is transferred from a parent to offspring and is held to determine some characteristic of the offspring.

Basket-Weaving Skills

The ability to interlace materials, such as reeds or fibers, to create baskets or basket-like objects.

Genetic

Refers to the hereditary material in humans and other organisms, encompassing genes and DNA that influence traits and characteristics.