Answer:
C
Explanation:
just took the test
What is the most important reason financial information is provided by the major regulatory agencies to investors, depositors, and creditors of banks and financial institutions?
a-so they can regulate the banking industry
b-to manage business operations at the bank
c-to manage financial resources
d-to make informed decisions about banks and their financial condition
Answer:
d. to make informed decisions about Banks and their financial condition.
Explanation:
Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.
However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.
This means that various groups that have interest in Banks and financial institution are kept abreast of happenings in the financial sector of the economy and are able to know which bank and financial institution is healthy in terms of finances and to know where to invest subsequently.
What is customer service and why is it important?
Answer:
is the fact of taking care of the customer's needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer's requirements are met
Increase the amount of money each customer spends with your business. Increase how often a customer buys from you.
Explanation:
Consider the following set of numbers:
{1, 2, 3, 4, 5, 6, 7, 8, 9, 10)
What is the probability of drawing an even number or a
multiple of 3?
25
Answer:
7/10
Explanation:
Given the following set of numbers: {1, 2, 3, 4, 5, 6, 7, 8, 9, 10}
There are 5 even outcomes: {2, 4, 6, 8, 10}
There are 3 multiples of 3: {3, 6, 9}.
Combining these lists we get 7 desired outcomes: {2, 3, 4, 6, 8, 9, 10}
Therefore, the probability of drawing an even number or a multiple of 3 is: (desired outcomes)/(total outcomes) = 7/10
The lower risk you are as a borrower,
A) the better the terms of your loan will be.
B) the higher the interest rate you will be charged
C) the longer you can take to pay off the loan.
D) the less likely you are to get a loan.
______can be computed based on hard data or expert judgment and relevant
experience.
Incentives
Workforce allocation
Performance indicators
Durations