CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

Issuance surplus related to common stock is considered to be ______ capital.

A. Tier-1
B. Tier-2
C. Tier-3
Correct Answer: A

Tier-1 capital is the capital that is permanently and easily available to cushion losses suffered by a bank without it being required to stop operating.

User Contributed Comments 0

You need to log in first to add your comment.