All but Which One of the Following Is an Example

question 36

Multiple Choice

All but which one of the following is an example of noninterest income or noninterest expense?

• A)Income from service charges on deposits
• B)Income from trust services
• C)Gains and losses from trading account assets
• D)Earnings on securities held for investment
• E)Salaries and benefits paid to employees

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Definitions:

Elected Officials

Individuals who have been chosen through a democratic voting process to hold public office and make governmental decisions.

Political Support

Political Support encompasses the backing or endorsement by individuals, groups, or entities for political parties, policies, or candidates.

Special-interest Legislation

Special-interest legislation refers to laws or regulations enacted to benefit specific groups or interests, often at the expense of the broader public interest.

Concentrated Costs

Expenses that are not spread out but are borne largely by a small group.