Which of the Following Is the Most Important Source of Funds

question 53

Multiple Choice

Which of the following is the most important source of funds for savings institutions?

• A)Borrowings from the Federal Home Loan Bank.
• B)Small time and savings deposits.
• C)Repurchase agreements.
• D)Direct federal fund borrowings.

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Definitions:

Gross Profit

The difference between total sales revenue and the cost of goods sold, before deducting overheads, salaries, and other expenses.

Raw Materials Inventories

Represents the stock of basic inputs that have not yet been used in the manufacturing process.

Manufacturer

A business or company engaged in the production of goods for sale, using labor, machines, tools, and chemical or biological processing or formulation.

Ready To Be Sold

A status indicating that products have completed the manufacturing process and are available for sale.