Cash assets include which of the following?
A) vault cash
B) deposits at the Federal Reserve and at other commercial banks
C) cash items in the process of collection
D) all of the above.

Question

Quizplus · Accepted Answer

Cash assets for a bank include vault cash, deposits at the Federal Reserve and at other commercial banks, and cash items in the process of collection. These are all considered liquid assets that are either in the form of cash or can be quickly converted to cash.

Cash Assets Include Which of the Following