____ result(s) from a bank's sale of securities.
A) Noninterest income
B) Loan loss provision
C) Securities gains and losses
D) Noninterest expenses
E) none of the above

Question

Quizplus · Accepted Answer

Securities gains and losses are the direct result of a bank's sale of securities. Noninterest income and noninterest expenses can have various sources, and loan loss provision is related to the bank's loans, not securities sales.

____ Result(s) from a Bank's Sale of Securities