The Net Worth of a Bank

question 111

Multiple Choice

The net worth of a bank

• A)determines the level of bank loans possible.
• B)is determined by subtracting liabilities from assets.
• C)is determined by subtracting assets from liabilities.
• D)can never be a negative value.

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Definitions:

Operational Plans

Very short-term plans that specify what actions individuals, work groups, or departments need to accomplish in order to achieve the tactical plan and ultimately the strategic plan.