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The principal-agent problem that exists for bank trading activities can be reduced through
Indirect Expense
Costs not directly traceable to a specific cost object, such as overhead or administrative expenses, which support the operation of the business as a whole.
Profit Center
A branch or division of a company that is directly responsible for generating its portion of the organization's overall profit.
Generates Revenue
The process or activities that result in income being brought into a company, such as sales of goods or provision of services.
Incurs Costs
To incur costs means to recognize or accumulate expenses through activities or operations, leading to a reduction in profits.
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