WAEC Economics 2025 Objective — Question 40
Question 40 of 51 from the West African Examinations Council (WAEC) Economics 2025 Objective paper, with the correct answer and a full explanation.
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Which of the following items is not an asset to commercial banks?
- A. Shareholders' fundsCorrect
- B. Physical buildings and equipment
- C. Loans granted to customers
- D. Vehicle and office equipment
Explanation
Shareholders' funds are a liability/equity claim on the bank (owed to shareholders), not an asset the bank owns.
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