In Recent Years the Interest Paid on Checkable and Time

question 120

Multiple Choice

In recent years the interest paid on checkable and time deposits has accounted for around ________ of total bank operating expenses,while the costs involved in servicing accounts have been approximately ________ of operating expenses.

• A) 45 percent; 55 percent
• B) 55 percent; 4 percent
• C) 25 percent; 50 percent
• D) 50 percent; 30 percent

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Definitions:

Large Variances

Significant differences between planned and actual figures in a budget, project, or any performance measurement, indicating greater deviations from expectations.

Consistent Trends

Patterns or changes in data that continue over a period of time in a similar manner.

Standard Direct Labour Hours

The estimated amount of labor hours required to produce a certain amount of output under normal conditions.

Actual Production

The real quantity of goods or services produced within a specific period, as opposed to planned or theoretical outputs.