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:

Prickly Pear

A plant species belonging to the cactus family, known for its edible fruit and pads, and characterized by its spiky exterior.

Saguaro Cactus

A large, tree-sized cactus species native to the Sonoran Desert in the United States and Mexico, known for its towering, arm-like branches.

Arctic Tundra

A cold, treeless biome located in the Arctic regions, characterized by permafrost, low temperatures, and short growing seasons.

Freezing Temperatures

The condition or temperature at which liquid water turns into ice, typically at or below 0°C (32°F).