In Recent Times,there Had Been a Substantial Expansion in Fee-Related

question 21

Multiple Choice

In recent times,there had been a substantial expansion in fee-related income for banks.What is the principal reason for this?

• A) Increased confidence in banks by individual investors
• B) Increased off-sheet business (OBS) for banks
• C) Reduced guidelines by Australian bank supervisor APRA
• D) Increased deposits in banks

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Definitions:

Straight-Line Methods

Straight-line methods are used in accounting to allocate the cost of an asset evenly over its useful life for the purposes of depreciation.