Which of the Following Are Reported as Liabilities on a Bank's

question 99

Multiple Choice

Which of the following are reported as liabilities on a bank's balance sheet?

• A)discount loans
• B)reserves
• C)U)S. Treasury securities
• D)real estate loans

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Definitions:

Share-based Compensation

A form of remuneration where employees receive shares of the company's stock as part of their compensation package.

IFRS

The International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial statements and are recognized by many countries.

GAAP

Generally Accepted Accounting Principles, a framework of accounting standards and procedures used in the United States by accountants to compile financial statements.

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing shareholders' equity.