Examlex
Which of the following is the most hierarchical type of control system?
Total Reserves
The total amount of funds or assets that a bank or financial institution has set aside to meet unexpected liabilities, requirements, or future obligations.
Vault Cash
Physical money, including coins and paper currency, that banks and other financial institutions hold in their vaults as part of their reserves.
Reserve Deposits
Reserve Deposits are funds that commercial banks hold in reserve, either in their vaults or deposited with a central bank, to meet regulatory requirements and ensure liquidity.
Federal Reserve Bank
The central banking system of the United States, responsible for managing the country's monetary policy and regulating its financial institutions.
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