Which of the Following Is True Concerning Branch Offices

question 56

Multiple Choice

Which of the following is true concerning branch offices?

• A)The number of full-service branch offices in the U.S.has shrunk in recent years.
• B)An ideal location for a new branch bank is one with below average population density.
• C)Branch offices are generally cheaper to establish than chartering a whole new banking corporation.
• D)The decision about whether to establish a new branch is the sole prerogative of the CFO.
• E)All of the options are correct

Recognize the impact of current legal issues on human resource management practices.

Understand the steps and key components of the recruitment process.

Recognize the differences and advantages of traditional and realistic recruitment approaches.

Identify the methods and benefits of internal and external recruitment.

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Definitions:

Loan

A sum of money that is borrowed, typically from a financial institution, and is expected to be paid back with interest.

Months

Units of time, each approximately 30 days long, used to measure durations and periods in a year.

Investment

Channeling funds into ventures with the expectancy of generating income or profit.

Interest

Interest is the cost of using someone else's money or the income earned from lending money, calculated as a percentage of the principal amount.