All of the Following Are Operating Expenses for a Bank

question 110

Multiple Choice

All of the following are operating expenses for a bank EXCEPT

• A)service charges on deposit accounts.
• B)salaries and employee benefits.
• C)rent on buildings.
• D)servicing costs of equipment such as computers.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed funds and exchange traded funds.

Securities

Financial instruments that represent an ownership position, a creditor relationship, or rights to ownership, expressed in the form of stocks, bonds, or options.

Rate of Return

The percentage gain or loss on an investment over a specified period, reflecting the income and appreciation of an investment.

Average Cumulative Investment

The total sum of all investments made over a period of time, divided by the number of investments.