1
FINA 3317 test 3 Questions with Correct
Answers | Updated (100% Correct Answers)
Core deposits typically include all except which one of the
following?
Demand deposits
NOW Accounts
MMDAs
Eurodollar deposits Answer: Eurodollar deposits
Core deposits include Answer: Demand deposits, NOW accounts,
MMDAs
All but which one of the following is an example of noninterest
income?
Income from service charges on deposits
Gains and losses from trading account assets
Earnings on securities held for investment
Salaries and benefits paid Answer: Salaries and benefits paid to
employees
© 2025 All rights reserved
, 2
Largest source of income at a typical bank Answer: Interest income
on leans and leases
Examples of noninterest income Answer: Income from service
charges on deposits
Gains and losses from trading account assets
Earnings on securities held for investment
NCUA deposit insurance is generally limited to ________________ per
depositor per credit union. Answer: $250,000
Areas of commercial bank regulation dealing with preventing banks
from discriminating unfairly in lending are termed
______________________ regulations. Answer: Consumer protection
Tier II (supplementary) capital includes which of the following?
Answer: Allowance for loan and lease losses, up to 1.25% of risk-
weighted assets
Tier I (core) capital includes Answer: The highest quality form of
capital equity
Capital that absorbs losses but is not common equity
Finance companies enjoy several advantages over banks. These
include all but which one of the following?
© 2025 All rights reserved
FINA 3317 test 3 Questions with Correct
Answers | Updated (100% Correct Answers)
Core deposits typically include all except which one of the
following?
Demand deposits
NOW Accounts
MMDAs
Eurodollar deposits Answer: Eurodollar deposits
Core deposits include Answer: Demand deposits, NOW accounts,
MMDAs
All but which one of the following is an example of noninterest
income?
Income from service charges on deposits
Gains and losses from trading account assets
Earnings on securities held for investment
Salaries and benefits paid Answer: Salaries and benefits paid to
employees
© 2025 All rights reserved
, 2
Largest source of income at a typical bank Answer: Interest income
on leans and leases
Examples of noninterest income Answer: Income from service
charges on deposits
Gains and losses from trading account assets
Earnings on securities held for investment
NCUA deposit insurance is generally limited to ________________ per
depositor per credit union. Answer: $250,000
Areas of commercial bank regulation dealing with preventing banks
from discriminating unfairly in lending are termed
______________________ regulations. Answer: Consumer protection
Tier II (supplementary) capital includes which of the following?
Answer: Allowance for loan and lease losses, up to 1.25% of risk-
weighted assets
Tier I (core) capital includes Answer: The highest quality form of
capital equity
Capital that absorbs losses but is not common equity
Finance companies enjoy several advantages over banks. These
include all but which one of the following?
© 2025 All rights reserved
