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what is the answers please! 1- Which of the following statements are true? a. A bank's assets are its uses of funds. b. A bank's
what is the answers please!
1- Which of the following statements are true? a. A bank's assets are its uses of funds. b. A bank's liabilities are its sources of funds. c. A bank's balance sheet has the property that total assets equal the sum of total liabilities and equity capital. d. Each of the above are true. 2. When Ahmad writes a $100 check to his son, Ahmad's bank assets of $100 and liabilities of $100. a. gains; gains b. gains; loses c. loses; gains d. loses; loses 3. Securities are claims on a bank's a. debt b. liabilities c. assets d. expenses 4. Which of the followings are reported as assets in the bank's balance sheets? a. checkable deposits b. certificates of deposit or CDs c. consumer loans d. none of the above 5- Which of the following is the most liquid assets? a. currency b. car c. house d. bonds 6. Which of the following is the most liquid assets? a. mortgages b. central bank securities c. consumer loans d. reserves 7- Because time deposits are liquid for the depositor than passbook savings, they eam interest rates. a. less; higher b. less; lower c. more; higher d. more; lower Step by Step Solution
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