Post Utme Covenant University 2019 Commerce Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 28 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A bank's balance sheet is a financial statement that presents its assets, liabilities, and equity at a specific point in time. Which of the following is NOT a type of asset on a bank's balance sheet?

Answer Options

A. Cash
B. Loans
C. Investments
Correct Answer D. Deposits
Correct Answer
D
Correct Option:
Deposits

About This Question

This is Post Utme Covenant University 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

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