Which of the following are bank assets?
A)the building owned by the bank
B)a discount loan
C)a negotiable CD
D)a customer's checking account

Question

Quizplus · Accepted Answer

Banks' assets include physical properties like buildings they own. A discount loan is an asset because it represents money owed to the bank. A negotiable CD is also an asset as it is a financial product the bank holds. A customer's checking account, however, is a liability for the bank, as it represents money the bank owes to the customer.

Which of the Following Are Bank Assets