The Largest Category of Liabilities of Securities Firms as of 2015

question 89

Multiple Choice

The largest category of liabilities of securities firms as of 2015 was

• A)bank loans payable.
• B)securities sold under repurchase agreements.
• C)payables to customers.
• D)short positions in securities and commodities.

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Definitions:

Normally Distributed

Describes a bell-shaped distribution that is symmetric about the mean, where data near the mean are more frequent in occurrence than data far from the mean.

Football Players

Individuals who participate in football, a team sport involving the kicking of a ball to score goals or points.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the data points are from the mean.

Normally Distributed

A distribution where probabilities are mirrored on either side of the mean, illustrating higher frequency of events near the average.