On a T-Account for a Bank

question 39

Multiple Choice

On a T-account for a bank,

• A) reserves and deposits are both assets.
• B) reserves are assets and deposits are liabilities.
• C) deposits are assets and reserves are liabilities.
• D) reserves and deposits are both liabilities.

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Definitions:

Buying Patterns

Consumer purchasing behaviors and trends observed over a period, indicating preferences and decision-making processes.

Loyalty Card

A card issued by a retailer or service provider that offers benefits, such as discounts or rewards, to encourage repeat business from customers.

Experimental Research

A type of conclusive and quantitative research that systematically manipulates one or more variables to determine which variables have a causal effect on another variable.

Observational Research

A research method involving the systematic recording of observable behaviors or processes without influencing or interfering with the subjects.