One-time-only transactions that often involve sale of financial assets or real property pledged as collateral behind a loan and upon which the bank has foreclosed,affect a bank's account known as:

Question

Quizplus · Accepted Answer

One-time-only transactions involving the sale of assets that were foreclosed upon are considered nonrecurring sales of assets. The other options listed refer to ongoing or more general financial activities and would not apply specifically to this type of transaction.

One-Time-Only Transactions That Often Involve Sale of Financial Assets or Real