Suppose you are one of the senior employees in Master Bank. Mr Khalid Recently joined as a junior employee in your bank. The management given an additional responsibility to you. So, you have to explain the secondary objectives of bank to Mr Khalid. As a senior employee, which of the following will you consider as secondary objectives of the bank? a. Accepting deposits from public and lending loans to needy people b. Issuing cheques and demand drafts c. Accepting deposits from public and issuing cheques d. Lending loans to needy people and demand draft
Suppose you are one of the senior employees in Master Bank. Mr Khalid Recently joined as a junior employee in your bank. The management given an additional responsibility to you. So, you have to explain the secondary objectives of bank to Mr Khalid. As a senior employee, which of the following will you consider as secondary objectives of the bank? a. Accepting deposits from public and lending loans to needy people b. Issuing cheques and demand drafts c. Accepting deposits from public and issuing cheques d. Lending loans to needy people and demand draft
Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 6DQ
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Suppose you are one of the senior employees in Master Bank. Mr Khalid Recently joined as a junior employee in your bank. The management given an additional responsibility to you. So, you have to explain the secondary objectives of bank to Mr Khalid.
As a senior employee, which of the following will you consider as secondary objectives of the bank?
a.
Accepting deposits from public and lending loans to needy people
b.
Issuing cheques and demand drafts
c.
Accepting deposits from public and issuing cheques
d.
Lending loans to needy people and demand draft
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