Which of the Following Statements Is False

question 32

Multiple Choice

Which of the following statements is false?

• A)Funds in non-callable deposits,that all banks were required to lodge with APRA,earned interest at the same rate as Treasury notes.
• B)In August 1999,APRA introduced the prime assets requirement to ensure that banks held a minimum level of highly liquid assets.
• C)The required non-callable deposit was 1% of a bank's total liabilities less shareholders' funds.
• D)Prime assets,by definition,include notes and coins.

Determine the amount of interest credited to accounts over specific periods.

Apply knowledge of interest rates to solve problems related to borrowing and lending.

Calculate the total amount required to settle multiple loans accumulated over time.

Evaluate and compute the necessary amounts for future financial needs based on current interest rates.

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Definitions:

Corporate Social Responsibility

A business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Office Space

Physical locations designed and allocated for business operations and employee workstations.

Ergonomic

Pertaining to the design and arrangement of workplace equipment and environments to fit the employees, enhancing their safety and efficiency.

Conveyor Belt

A mechanical handling equipment used to transport materials or items from one location to another in a continuous motion.