A Reason Why Rogue Traders Have Bankrupt Their Banks Is

question 142

Multiple Choice

A reason why rogue traders have bankrupt their banks is due to

• A)the separation of trading activities from the bookkeepers.
• B)stringent supervision of trading activities by bank management.
• C)accounting errors.
• D)a failure to maintain proper internal controls.

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Definitions:

Random Assignment

A method used in experiments to evenly distribute participants across various groups, ensuring that each has an equal chance of being assigned to any group.

Selection Bias

The assignment of participants to experimental or control groups in such a way that systematic differences among the groups are present at the beginning of the experiment.

Placebo Effect

A phenomenon where a person experiences a perceived improvement in condition due to their expectations, rather than the effect of an active intervention.

Placebo Effect

A psychological phenomenon where patients experience perceived or actual improvements in their condition due to their belief in the efficacy of a treatment that is inert or not specifically effective for the condition being treated.