In 2012, ____________ was(were) the most significant financial asset(s) of U.S.commercial banks in terms of total value.
A)loans and leases
B)cash
C)real estate
D)deposits
E)investment securities

Question

Quizplus · Accepted Answer

Loans and leases were the most significant financial assets of U.S. commercial banks in terms of total value in 2012. This implies that the major source of income for commercial banks was from the interest earned on loans and leases. Cash, real estate, deposits, and investment securities are also important financial assets, but loans and leases provide the highest returns for commercial banks.

In 2012, ____________ Was(were) the Most Significant Financial Asset(s) of U.S.commercial