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INTL 702 Review Final Exam Flashcards | StudBud
INTL 702 Review Final Exam
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When a $10 cheque written on the First National Bank is deposited in an account at CIBC, then ________.
A
the liabilities of CIBC increase by $10
B
the assets of CIBC fall by $10
C
the reserves of the First National Bank increase by $ 10
D
the liabilities of the First National Bank increase by $10
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