deposits of money into a bank?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of the following is not a true of Bitcoin?
Transactions are known by all nodes in the network
The actual identities of those running nodes are private
Transactions are executed by a decentralized network
Those running nodes must have a bank account
Transcribed Image Text:Which of the following is not a true of Bitcoin? Transactions are known by all nodes in the network The actual identities of those running nodes are private Transactions are executed by a decentralized network Those running nodes must have a bank account
Which of the following is not true about deposits of money into a bank?
The deposits may be loaned out by the bank.
The deposits are fungible.
The deposits are the property of the depositors.
The deposits are technically loans to the bank.
Transcribed Image Text:Which of the following is not true about deposits of money into a bank? The deposits may be loaned out by the bank. The deposits are fungible. The deposits are the property of the depositors. The deposits are technically loans to the bank.
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