For Most Banks, Which of the Following Is the Largest

question 29

Multiple Choice

For most banks, which of the following is the largest component of non-interest expense?

• A) Personnel expenses
• B) Rent
• C) Required reserves held at the Federal Reserve
• D) Electricity
• E) Depreciation on buildings and equipment

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Definitions:

Profits

The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Non-Hodgkin's Lymphoma

A type of lymphoma that involves the lymphatic system, characterized by the uncontrolled growth of lymphocytes.

Colon Cancer

A type of cancer that begins in the colon (the longest part of the large intestine), often indicated by polyps that can turn cancerous over time.

Bone Cancer

A type of cancer that originates in the cells of the bones, causing pain, swelling, and weakening of the affected bones.