The Table Below Shows Data (In Millions) for Sun Trust

question 235

Multiple Choice

The table below shows data (in millions) for Sun Trust Banks in September 2007 and September 200 The data show that Sun Trust

• A) increased its reserve ratio to 6.4 percent over the 12 months.
• B) has fewer excess reserves in 2008.
• C) faced a higher currency drain ratio in 2008.
• D) increased its reserve ratio to 5.3 percent over the 12 months.

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Definitions:

Performance Targets

Specific, quantifiable objectives set by a company or an individual to measure progress toward a desired goal or standard.

Leave Loading

An additional pay amount given to employees while they are on leave, typically calculated as a percentage of their usual wages, to compensate for not receiving certain types of earnings during their leave.

Provision Account

An account that is set aside to cover anticipated future expenses or liabilities.

Wage Rise

An increase in the base pay rate for an employee or group of employees.