All of the Following Statements Are Correct EXCEPT ________

question 119

Multiple Choice

All of the following statements are correct EXCEPT ________.

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

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Definitions:

Tributaries

Smaller rivers or streams that flow into a larger river or lake, contributing to its overall water volume.

Sediment

Particulate organic and inorganic material that settles at the bottom of a liquid, often transported by water, wind, or ice.

Discharge

The flow rate of water from a given source, such as a river or aquifer, typically measured in volume per unit time.

Low-Gradient Stream

A stream with a gentle slope that typically has slower water velocity and can form wide meanders, floodplains, and deposits of sediments along its course.