The Item on the Liabilities and Equity Section of a Bank's

question 20

Multiple Choice

The item on the liabilities and equity section of a bank's balance sheet that represents the largest proportion of a typical bank's assets is:

• A)deposits
• B)owner's capital
• C)securities
• D)federal funds

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Definitions:

Advertising Act

Legislation that regulates advertising practices to protect consumers from misleading or harmful advertisements.

Profit Maximization

A business strategy aimed at achieving the highest possible profit within a given period, usually through the optimization of sales and production costs.

Pricing Objective

The goals that a company aims to achieve through its pricing strategy, such as maximizing profits, increasing market share, or discouraging competition.

Tariffs

Taxes or duties to be paid on particular imports or exports, often used by governments to control trade, protect domestic industries, or generate revenue.