Which of the following is not an off-balance sheet activity?
A) Commercial letter of credit
B) Standby letter of credit
C) Swap transaction
D) Futures contract
E) Consumer loans
Correct Answer:
Verified
Q49: Q50: A(n)_ is a contra asset account. Q51: Net loans and leases plus _ plus Q52: The AU ratio measures the bank's ability Q53: What is the difference between net charge-offs Q54: At the start of the quarter a Q56: The largest market available for purchased funds Q57: All but which one of the following Q58: What are the major sources of purchased Q59: What is the largest operating expense for
A)loan commitment
B)provision
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