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3.Which of the following statements concerning banks off-balance sheet transactions is/are generally TRUE? Select one: a.They are a significant part of a banks business. b.They

3.Which of the following statements concerning banks off-balance sheet transactions is/are generally TRUE? Select one: a.They are a significant part of a banks business. b.They reflect use of risk management products. c.They represent an important source of banks income. d.Assets and liability are yet to be recorded in the balance sheet. e.All of the other given choices.

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