The Following Information Is Based on a Fictitious Canadian Bank

question 50

Multiple Choice

The following information is based on a fictitious Canadian Bank (CB) and none of the numbers provided herein are real. CB assets total $46.1 billion, it has loans of $26 billion, and total deposits of $35.5 billion. It provides online, telephone, and traditional banking and investment services to both individuals and businesses in Canada and abroad. CB's mission is to create an exceptional customer experience by providing solutions through leading technologies, offering a wide selection of financial products and services, and leveraging experience to meet customers' needs. Which of the following measures is least likely to be included in the financial perspective of CB's balanced scorecard?

• A)Prime rate
• B)Total loans outstanding
• C)Profit margin
• D)Total demand deposits

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Definitions:

Equilibrium Price

The price level where the amount of products available for sale matches the amount people are willing to buy, referred to as the market-clearing price.

Baltimore Newspapers

Refers to newspapers published in Baltimore, Maryland, covering local, national, and international news.

Substitute Goods

Substitute goods are products or services that can be used in place of each other, fulfilling similar needs or desires.

Consumer Income

The total amount of income earned by consumers, impacting their ability to purchase goods and services.