According to recent studies cited in this chapter,in choosing a bank to supply their deposits and other services,which of the following factors do business firms rank first?
A)Quality of financial advice given
B)Financial health of lending institution
C)Whether loans are competitively priced
D)Whether cash management and operations services are provided
E)Quality of bank officers

Question

Quizplus · Accepted Answer

According to recent studies, business firms rank the financial health of the lending institution as the most important factor in choosing a bank to supply their deposits and other services. While the other factors listed may be important, they are not ranked as highest by businesses.

According to Recent Studies Cited in This Chapter,in Choosing a Bank