Which of the Following Is NOT an Asset on a Bank's

question 55

Multiple Choice

Which of the following is NOT an asset on a bank's balance sheet?

• A)reserves
• B)loans
• C)checkable deposits
• D)all of the above
• E)none of the above

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Definitions:

Festinger

An American social psychologist best known for Cognitive Dissonance Theory, which explains the discomfort that arises from holding two conflicting beliefs simultaneously.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes, leading to changes in belief or behavior to reduce the discomfort.

Elliot Aronson

An influential psychologist known for his research on social influence, group dynamics, and the theory of cognitive dissonance.

Theory of Planned Behavior

A psychological theory that links one's beliefs and attitudes towards behaviors to their actual behavioral intentions and actions.