_____________ Are the Most Diversified of Depository Institutions and ______________

question 21

Multiple Choice

_____________ are the most diversified of depository institutions and ______________ are on average the largest depository institutions.

• A)Banks; savings institutions
• B)Credit unions; banks
• C)Credit unions; credit unions
• D)Banks; banks
• E)Savings institutions; banks

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Operating Activities

These activities are directly related to the production, sale, and delivery of a company’s products and services, representing the primary source of revenue and expense in the business.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not included in cash equivalents.