The Largest Liability on the Balance Sheet of Most Banks

question 150

Multiple Choice

The largest liability on the balance sheet of most banks is its

• A)loans.
• B)holdings of securities.
• C)deposits with the Federal Reserve.
• D)checking account and savings account deposits of its customers.
• E)vault cash.

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Definitions:

Peak Income

The highest level of income earned by an individual or population during their lifetime or over a specific period of economic measurement.

Intensity of Smiling

The degree or level of strength and vividness of a smile, often reflecting the emotional state of the individual.

Group Project

A task or piece of work assigned to a team of individuals who work collectively to complete it.

Deadline

A specific time or date by which a task must be completed or submitted.