Bank Consolidation Is Potentially a Problem Because

question 57

Multiple Choice

Bank consolidation is potentially a problem because

• A) larger banks are harder to regulate.
• B) banks are less diversified.
• C) banks are less able to innovate.
• D) all of the above.

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Definitions:

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for.

Cost of Goods Sold

The direct expenses involved in producing the products a company sells, which cover both materials and labor.

Cash Cycle

The duration of time a company takes to convert its inventory and other resource inputs into cash flows from sales.

Inventory Period

The average time it takes for a company to turn its inventory into sales, often used to evaluate the efficiency of inventory management.