An Employee Who Is Primarily Concerned with Making Sure the Bank

question 43

Multiple Choice

An employee who is primarily concerned with making sure the bank has enough reserves is involved in

• A) liquidity.
• B) liability.
• C) asset.
• D) capital adequacy.

---

Definitions:

Required Sales

The amount of sales a company needs to achieve in order to cover all its costs and reach its break-even point.

Variable

An element or factor that is subject to change or variation, often used in financial analysis or scientific experiments.

Fixed

Refers to expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Contribution Margin

The difference between a company's sales revenue and variable costs, which contributes to covering its fixed costs and generating profit.