Which of the following statements is true? ...

70.2K

Verified Solution

Question

Finance

Which of the following statements is true?

In times of financial disturbance, banks can turn to APRA to access the committed liquidity facility for funding to cover liquidity shortfall and meet the required liquidity coverage ratio.

When analysing an FIs performance, it is not important to consider its off-balance sheet activities as they have no current or future impact on the FIs financial standing.

Fees earned by financial institutions for originating loans or guaranteeing lines of credit normally appear under interest revenue in the Statement of Financial Performance.

To profit from falling interest rates, an FI could take a long position in either 10 year T- Bond futures or 90 day BAB futures contracts.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students