Which of the following serve as an asset for depository institutions?
A)small time and saving deposits
B)checkable deposits
C)large time deposits
D)reserves at the Fed

Question

Quizplus · Accepted Answer

Reserves at the Fed are considered assets for depository institutions because they represent funds that the institution has available to meet its obligations, make loans, or for other purposes. Choices A, B, and C are liabilities for these institutions, not assets, as they represent money the institutions owe to their depositors.

Which of the Following Serve as an Asset for Depository