Which of the Following Loan Sources Is the Most Expensive

question 34

Multiple Choice

Which of the following loan sources is the most expensive?

• A) Commercial banks
• B) Credit unions
• C) Consumer finance companies
• D) Savings and loan associations
• E) None of the above

---

Definitions:

Gains and Losses

Gains and losses refer to the increase or decrease in the value of assets or investments, often realized upon their sale or disposal.

Capital Balances

The amounts of money that the owners or partners have invested in a business, represented in the equity section of the balance sheet.

Partnership Assets

Resources or items of value owned by a partnership that are used in the operation of the business.

Chart of Accounts

A structured list of all the financial accounts used in the organization's general ledger.