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Which of the Following Statements Best Completes This Sentence: "On

Question 23

Multiple Choice

Which of the following statements best completes this sentence: "On a bank's balance sheet…"?


A) assets show the sources of funds and the net worth shows the uses of funds.
B) net worth shows the sources of funds and liabilities show the uses of funds.
C) assets show the uses of funds and liabilities show the sources of funds.
D) net worth represents both a source and a use of funds.

Correct Answer:

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