Which of the following is NOT a business of commercial banking?aSaving/lendingbForeign currency exchangescLeasing and mortgagdUnderwriting SecuritieseLetters of CreditfRemitting payments
Which of the following is NOT a business of commercial banking?aSaving/lendingbForeign currency exchangescLeasing and mortgagdUnderwriting SecuritieseLetters of CreditfRemitting payments
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 2QY
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Which of the following is NOT a business of commercial banking?
aSaving/lending
bForeign currency exchanges
cLeasing and mortgag
dUnderwriting Securities
eLetters of Credit
fRemitting payments
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