What Is Another Term for the Net Worth on a Bank's

question 74

Multiple Choice

What is another term for the net worth on a bank's balance sheet?  

• A) assets plus liabilities 
• B) owners' equity 
• C) assets minus reserves 
• D) net profits

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Definitions:

Decentralized

A system of organization where decision-making power is distributed among various levels, rather than being concentrated at a single point.

Centralization

The concentration of authority for most decisions at the top level of an organization.

Decentralization

Decentralization refers to the distribution of decision-making authority from a central figure or location to lower levels within an organization or government, allowing for more localized and responsive decision-making.

Decision Making

The process of identifying and choosing alternatives based on the values, preferences, and beliefs of the decision-maker.