Which of the Following Is Not a Major Responsibility of the Fed

question 133

Multiple Choice

Which of the following is not a major responsibility of the Fed?

• A) supplying the economy with paper money
• B) providing check-clearing services
• C) supervising member banks
• D) serving as fiscal agent for the Treasury
• E) All of the above are major responsibilities of the Fed.

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Definitions:

Return on Assets

A profitability ratio that measures how efficiently a company is using its assets to generate earnings.

Direct Method

In cash flow reporting, a method that shows the specific sources and uses of cash, categorizing cash flows into operating, investing, and financing activities.

Net Cash Provided

The amount of cash generated by a company’s operations after accounting for all cash inflows and outflows.

Operating Activities

Activities that relate directly to the production, sale, and delivery of a company's products or services, affecting the net income.