Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

The first Asset on the portfolio of a commercial banks asset is . . . ?

A. Cash in hand

B. Share Capital

C. Reserves

D. Cash at Bank

E. Non of these.

 

user-image
Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2015/01/16
Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I would agree with the experts. 

A. Cash in hand

 

regardless that I thought

D. Cash at Bank

Sahar Alech
by Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Prudence suggests that investors should construct an investment portfolio in accordance with risk tolerance and investing objectives.for this reason C is the answer

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Cash on hand 

 

It's the most important asset 

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

A?

samer joumaa
by samer joumaa , Branch manager and operation control , itani group

Cash in hand is the answer and sumtimes banks look for the Reserves in case they usit during the year

Deleted user
by Deleted user

A. Cash in hand

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is A 

Rajesh Ananthanarayanan
by Rajesh Ananthanarayanan , Senior Accountant , Marriott Vacation Club International

A

Roy Aviles
by Roy Aviles , Senior Accountant , Bab Ishtar Group WLL

answer is C. Portfolio is different from Balance Sheet. Reserves are asset or cash in vault which is regulated by the government.

tank you 

answer   A  .cash in hand

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (A)   >>>>>>>>>>   Cash in hand

More Questions Like This