Which of the Following Would Be an Example of Tier

question 78

Multiple Choice

Which of the following would be an example of Tier 2 capital?

• A)Subordinated debt capital instruments
• B)Undivided profits
• C)Minority interest in the equity accounts of consolidated subsidiaries
• D)Qualifying noncumulative preferred stock
• E)All of the options are correct.

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Definitions:

Economize

The act of using resources efficiently, especially to reduce costs.

Payroll Tax

A tax imposed on employers or employees, and is usually calculated as a percentage of the salaries that employers pay their staff.

Medicare Beneficiaries

Individuals who are eligible to receive health care benefits under the Medicare program, typically those aged 65 and over or with certain disabilities.