When a Check Is Cleared Against a Bank, the Bank

question 52

Multiple Choice

When a check is cleared against a bank, the bank will lose:

• A) Cash and securities
• B) Checkable deposits and reserves
• C) Reserves and capital stock
• D) Loans and demand deposits

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Definitions:

Data

Collected factual material, usually numeric, that serves as a basis for reasoning, discussion, or calculation.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values.

Distributions

Distributions describe how the values of a variable are spread or distributed across possible values.

Data

Information collected for analysis or reference.