Which of the Following Can Serve as Either an Asset

question 111

Multiple Choice

Which of the following can serve as either an asset or a liability for a depository institution?

• A)customer time and saving deposits
• B)the funds customers borrow
• C)repurchase agreements
• D)reserves

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Definitions:

Direct Competition

Businesses or products that target the same customers and satisfy the same needs.

Lateral Competition

Competition between companies that offer the same or similar goods or services within the same industry.

Sociocultural

The combination of social and cultural factors that affect individual development.

Demographic

Statistical data relating to the population and the particular groups within it, used in marketing, planning, and social studies.