The author uses the term "bank" to describe several different types of financial institutions.  Which of the following is NOT included under the group of firms called banks by Mishkin?   A. Savings and loan institution   B. Commercial bank   C. Insurance company   D. Credit union

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 16MC: Which of the following are found on the bank side of the bank reconciliation? A. NSF check B....
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QUESTION 4

  1. The author uses the term "bank" to describe several different types of financial institutions.  Which of the following is NOT included under the group of firms called banks by Mishkin?

      A.

    Savings and loan institution

      B.

    Commercial bank

      C.

    Insurance company

      D.

    Credit union

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