Which of the Following Statements Is True

question 153

Multiple Choice

Which of the following statements is true?

• A) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's assets.
• B) If a firm deposits a sum of $500 in a bank, the sum is a part of the bank's liabilities.
• C) If a bank lends a sum of $600 to a firm, the sum is a part of the bank's liabilities.
• D) If a bank lends a sum of $200 to a household, the sum is a part of the bank's liabilities.

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Definitions:

PLC Manufacturers

PLC manufacturers are companies that design, produce, and distribute programmable logic controllers (PLCs), which are industrial computer control systems used to automate a wide range of manufacturing and process control applications.

Method

Refers to a systematic way of doing things, often used in the context of a process, technique, or approach to achieve a specific result.

PLC

A Programmable Logic Controller, an industrial digital computer which has been ruggedized and adapted for the control of manufacturing processes.