Which of the Following Statements Is Incorrect

question 94

Multiple Choice

Which of the following statements is incorrect?

• A)The number of commercial banks is declining each year.
• B)Commercial banks are the most important financial institution.
• C)Commercial banks are prohibited from selling securities or insurance.
• D)Banks offer the widest range of services of any financial institution.

---

Definitions:

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Lilian Katz

An educational theorist known for her work in early childhood education, particularly regarding developmentally appropriate practices.

Client

A client is an individual or organization that engages the professional services or advice of another person or company.

Family

A social unit consisting of parents and their children, extended relatives, or individuals related by ancestry, adoption, marriage, or partnership.