The Assets of a Commercial Bank Include

question 14

Multiple Choice

The assets of a commercial bank include

• A) net worth.
• B) demand deposits.
• C) loans.
• D) time deposits.
• E) savings accounts.

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Definitions:

Acquisitions

The process by which one company purchases most or all of another company's shares to gain control of that company.

Divestitures

Refers to the process of a company selling off or liquidating parts of its business or assets.

IFRS

International Financial Reporting Standards, a set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements.

Bank Overdrafts

An extension of credit from a lending institution when an account reaches zero, allowing the account holder to continue withdrawing money up to a certain limit.