If a customer comes to the bank and starts a savings account, for the
Customer and for the bank, this is respectively:
A) A financial asset for the bank and a financial liability for the customer.
B) A financial asset for the customer and a financial liability for the bank.
C) A financial liability for both the customer and the bank.
D) An off-balance sheet account for both the customer and the bank.
Correct Answer:
Verified
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