In recent years the interest paid on checkable and time deposits has accounted for around ________ of total bank operating expenses,while the costs involved in servicing accounts have been approximately ________ of operating expenses.
A) 45 percent; 55 percent
B) 55 percent; 4 percent
C) 25 percent; 50 percent
D) 50 percent; 30 percent

Question

Quizplus · Accepted Answer

Interest paid on deposits is a significant but not the largest portion of bank operating expenses, while servicing accounts typically incurs higher costs.

In Recent Years the Interest Paid on Checkable and Time