All of the Following Observations Concerning Banking Are True Except

question 100

Multiple Choice

All of the following observations concerning banking are true except

• A) banking is becoming an increasingly technology-driven business.
• B) banks have learned the value of bundling services.
• C) to prevent a loss of a large portion of their customer base, many of the leading banks are offering home banking systems.
• D) competition between banks and other financial institutions is greatly declining.

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Definitions:

Equal Pay

The principle that individuals in the same workplace should be given equal pay for equal work, regardless of gender, ethnicity, age, or other categories of discrimination.

Discriminatory Hiring

Employment practices that unfairly favor or marginalize candidates based on attributes such as race, gender, or age rather than merit.

War Effort

The collective activities and endeavors of a nation or group to support and advance its cause during a time of war.

D-Day

Refers to June 6, 1944, when Allied forces launched a massive beach assault against Nazi Germany's fortifications on the Normandy coast during World War II.