Which of the Following Is NOT a Bank Liability

question 134

Multiple Choice

Which of the following is NOT a bank liability?

• A) checkable deposits
• B) CDs
• C) mortgage loans
• D) borrowings from the Federal Reserve

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Definitions:

Regulated

Controlled or governed by rules, laws, or standards set by authoritative bodies to ensure compliance and protection of public interests.

Budget

An estimation of income and expenditure for a set period of time, often used for planning and controlling financial resources.

Recruitment Method

Strategies or techniques used by organizations to find and attract candidates for employment.

ESDC

Employment and Social Development Canada, a department of the Canadian government responsible for programs related to employment, labour, and social development.