When a Customer Deposits $100 into a Checking Account, the Effect

question 159

Multiple Choice

When a customer deposits $100 into a checking account, the effect is to

• A)increase the bank's liabilities.
• B)decrease the bank's liabilities.
• C)increase the bank's assets.
• D)decrease the bank's assets.
• E)increase both the bank's liabilities and its assets.

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Definitions:

Power

One person’s control over another person, including what happens to that person.

Relationship-oriented

Characterises individuals or organizational cultures that prioritize and value personal relationships and interactions.

Task-oriented

A focus on completing tasks or achieving goals, often prioritizing work efficiency over interpersonal relationships.

Boosting Morale

Activities or actions taken to improve the spirit, confidence, or enthusiasm of a group or an individual.