Which of the Following About a Bank's Activities Is Incorrect

question 88

Multiple Choice

Which of the following about a bank's activities is incorrect?

• A) A bank's loans are its assets.
• B) Off-balance-sheet business items are contingent liabilities.
• C) Liability management is the management of a bank's loans.
• D) Banks typically have high credit ratings.

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Definitions:

Progress

The process of improving or moving forward towards achieving a goal or higher standard.

Problem-Oriented Recording

Problem-Oriented Recording is a method of documentation used in healthcare and social work that focuses on identifying and solving specific problems presented by clients or patients.

Retained

Kept or continued to have possession or use of something, often used in the context of keeping information, positions, or objects.