Which of the following are all assets to a chartered bank?
A)demand deposits, stock shares, and reserves
B)vault cash, property, and reserves
C)vault cash, property, and stock shares
D)vault cash, stock shares, and demand deposits

Question

Quizplus · Accepted Answer

Vault cash, property, and reserves are all common assets held by chartered banks. Demand deposits and stock shares are liabilities and do not count towards the bank's assets.

Which of the Following Are All Assets to a Chartered