If a Bank Has $950,000 Million in Liabilities and $50,000

question 2

Multiple Choice

If a bank has $950,000 million in liabilities and $50,000 in net worth, its assets must equal _____

• A) $50,000.
• B) $1,050,000.
• C) $50,000,000.
• D) $1,000,000.
• E) $950,000.

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Definitions:

On-premise CRM

Customer Relationship Management software hosted and maintained on the premises of an organization, as opposed to being cloud-based.

Vendor

A business or person that sells products or services to another entity, often within a supply chain.

Installed

The state of having been set up for use or operation, as in software being loaded onto a computer or a device being placed into its operational setting.

Recommendation Engine

A sophisticated algorithm used by websites and apps to suggest products, services, or content to users based on their preferences, behaviors, and historical data.