Under the Basel plan,

A) assets and off-balance sheet activities are assigned to various categories to reflect the degree of credit risk.
B) a bank's total capital must equal or exceed 8 percent of total risk-weighted assets.
C) both of the above occur.
D) none of the above occur.


C

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Journalize the transactions (explanations are not required). Round to the nearest dollar.

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One of the first things one should do while forming a business is to retain a competent lawyer.

Answer the following statement true (T) or false (F)

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Ethics and law are unrelated

a. True b. False Indicate whether the statement is true or false

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