Which of the Following Are Not Reported as Assets on a Bank's

question 85

Multiple Choice

Which of the following are not reported as assets on a bank's balance sheet?

• A)cash items in the process of collection
• B)deposits with other banks
• C)U)S. Treasury securities
• D)checkable deposits

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Definitions:

Extended Coverage

An insurance policy feature that provides additional benefits or extends coverage beyond the basic terms of the policy.

Tort of Negligence

A legal claim arising when one party's failure to exercise reasonable care results in harm or damage to another party.

Plaintiff

The party who initiates a lawsuit in civil court proceedings.

Defendant

A person or entity against whom a lawsuit is filed in a court of law.