On a Bank's T-Account,which Are Part of the Bank's Assets

question 58

Multiple Choice

On a bank's T-account,which are part of the bank's assets?

• A)both deposits made by its customers and reserves
• B)deposits made by its customers but not reserves
• C)reserves but not deposits made by its customers
• D)neither deposits made by its customers nor reserves

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Definitions:

Automatic Calculation

A feature in software that allows for the automatic computation of results based on input values, eliminating manual calculation errors.

ROUNDDOWN

A function in spreadsheet programs that rounds a number down, toward zero, to a specified number of digits.

Whole Number

Any of the set of non-negative integers, including zero.

COUNT Function

A function in many spreadsheet and database applications that returns the number of non-empty cells in a specific range or criteria.