The Largest Expense Item Often Observed in the Financial Statement

question 109

Multiple Choice

The largest expense item often observed in the financial statement of the banks is:

• A)personnel cost.
• B)premises and equipment cost.
• C)interest on borrowed funds.
• D)provision for loan loss.
• E)employee benefits.

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Definitions:

Optic Nerve

A crucial part of the eye and visual system, transmitting visual information from the retina to the brain.

Pupil

The adjustable opening in the center of the eye through which light enters, whose size is controlled by muscles in the iris.

Fovea

A small depression in the retina of the eye where visual acuity is highest, due to the concentration of cone cells.

Color Vision

The ability of the eye to distinguish objects based on the wavelengths of light they reflect, emit, or transmit.