Money market corporations (merchant and investment banks)have significantly increased their off-balance-sheet business on account of competition.All of the following are off-balance-sheet activities of investment banks except:

Question

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Trading in the short-term money market is not considered an off-balance-sheet activity. Off-balance-sheet activities typically involve services and transactions that do not directly affect the financial statements of a company, such as advisory services, mergers and acquisitions, and risk management advice. Trading in the short-term money market involves actual financial transactions that would be recorded on the balance sheet.

Money Market Corporations (Merchant and Investment Banks)have Significantly Increased Their