Customer deposits are classified on a DTI's balance sheet as
A) assets, because the DTI uses deposit funds to earn profits.
B) liabilities, because the DTI uses deposits as a source of funds.
C) assets, because customers view deposits as assets.
D) liabilities, because the DTI must meet reserve requirements on customer deposits.
E) liabilities, because DTIs are required to serve depositors.
Correct Answer:
Verified
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