FIN408_Quiz7 - Quiz 7 Your session has expired. Please...

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Quiz 7 Your session has expired. Please enter your password to re-authenticate for submission. Password:    MULTIPLE CHOICE. Choose the one alternative that best completes  the statement or answers the question. 1. Which of the following statements is false?
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A. A bank   assets  are its  uses of  funds. B. A bank  issues  liabilitie s to  acquire  funds. C. A bank   assets  provide  the  bank  with  income . D. Bank  capital  is an  asset  on the  bank  balanc sheet.
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2. Which of the following are reported as liabilities on a bank balance sheet?
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A. Discou nt  loans B. Cash  items  in the  proces s of  collecti on C. State  govern ment  securiti es D. All of  the  above E. Only a.  and b.  of the  above
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3. The share of checkable deposits in total bank liabilities  has A. expand ed  modera tely  over  time. B. expand ed  dramati cally  over  time. C. shrunk  over  time. D. remain ed  virtually  unchan ged  since  1960.
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4. Bank loans from the Federal Reserve are called _________ and represent a _________ of  funds. A. discou nt  loans;  use B. discou nt  loans;  source C. fed  funds;  use D. fed  funds;  source 5. Which of the following bank assets is the most  liquid?
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A. Consu
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This note was uploaded on 03/17/2008 for the course FIN 408 taught by Professor Miles,jamesalan during the Fall '08 term at Pennsylvania State University, University Park.

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FIN408_Quiz7 - Quiz 7 Your session has expired. Please...

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