On a Bank's Balance Sheet, Assets Are

question 3

Multiple Choice

On a bank's balance sheet, assets are

• A)the uses of acquired funds.
• B)the sources of acquired funds.
• C)those items owed by the bank to depositors and others.
• D)by definition equal to the bank's liabilities.

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Definitions:

Interview Measure

A technique used in research and human resources to assess candidates or subjects through structured conversation to gauge capabilities or opinions.

Use of Cash

Refers to how a business or individual applies their cash resources, often categorized by operating, investing, and financing activities.

Accounts Payable

Obligations a company has to pay off in the near future to its suppliers or creditors, usually within one year.

Inventory

The total amount of goods, materials, and products held by a company for the purpose of sale or production, representing both a current asset and an integral part of the supply chain.