From the Perspective of a Depositor,a Savings Account Is a Liability

question 47

True/False

From the perspective of a depositor,a savings account is a liability with interest.

---

Definitions:

Designer

A professional who creates plans and aesthetics for objects, environments, or visual communications, often with a focus on functionality and user experience.

Art Background

Graphical or aesthetic enhancements used as the backdrop for digital content, emphasizing creativity and visual appeal.

Software Development

The procedure of imagining, defining, creating, coding, documenting, evaluating, and repairing involved in the development and upkeep of applications, frameworks, or various software parts.

Ransomware

Malicious software that encrypts the victim's files, with the attacker then demanding a ransom from the victim to restore access to the data upon payment.