Customer loans are classified on a DI's balance sheet as:
A) liabilities, because the customer may default on the loan
B) assets, because the DI earns servicing fees on the loan
C) liabilities, because the DI must transfer funds to the borrower at the initiation of the loan
D) assets, because DIs originate and monitor loan portfolios
Correct Answer:
Verified
Q38: The major reasons for the shift in
Q39: The term 'spread' refers to the difference
Q40: Which of the following statements is true?
A)Capital
Q41: Which of the following is not an
Q42: The Probability and Impact Rating System (PAIRS):
A)determines
Q44: Which of the following is part of
Q45: APRA's aim is to develop prudential policies
Q46: Covered bonds:
A)can only be issued by building
Q47: Which of the following statements is true?
A)APRA
Q48: Depository institutions are financial institutions that only
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents