Which of the following is the liability business of commercial Banks?
A: issuance of large negotiable certificates of deposit
B: cash on hand
C: buying government bonds
D: agent payment
A: issuance of large negotiable certificates of deposit
B: cash on hand
C: buying government bonds
D: agent payment
举一反三
- Which of the following businesses is the intermediate business of a commercial bank? A: Deposit absorption B: Treasury trading C: bond issuance D: Agent payment
- Which of the following instruments is NOT traded in a money market? A: residential mortgages B: U.S. Treasury Bills C: negotiable bank certificates of deposit D: commercial paper
- Which of the following belongs to the liability of a commercial bank? A: Customers' deposit B: Bank loans C: Cash reserve D: Excess reserve
- Which of the following will cause a change in the owners' equity of a business? A: Purchase of equipment with cash B: Payment of the liability with cash C: Investment of cash in the business by the owner D: Sale of equipment for cash at cost
- Negotiable certificates of deposit _________