Which of These Is a Liability for a Bank

question 205

Multiple Choice

Which of these is a liability for a bank?

• A) cash it keeps in its ATMs
• B) reserves at the Fed
• C) loans it makes to customers
• D) customers' checking account balances

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Definitions:

Physiology

The study of how the human body and its parts function.

Keratinized

Having become a structure that contains keratin, a protein found in skin, hair, nails, and horns.

Columnar

Shaped like a column.

Transitional

Relating to a process or period of changing from one state or condition to another.