The Prohibition of Branches in a Unit Banking System Results

question 41

Multiple Choice

The prohibition of branches in a unit banking system results in banks that are typically:

• A)larger and more efficient.
• B)larger and more diversified.
• C)smaller and more competitive.
• D)smaller and less efficient.

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Definitions:

Days' Sales Uncollected

A financial metric reflecting the average number of days it takes for a company to collect payment after making a sale.