Which of the Following Considerations Was Not Imposed by FDICIA

question 105

Multiple Choice

Which of the following considerations was not imposed by FDICIA in an attempt to increase regulatory discipline?

• A)The act required improved accounting standards for banks.
• B)The act forbids the use of brokered deposits.
• C)The act required an annual on-site examination of every bank.
• D)The act gave private accountants a greater role in monitoring a bank's performance.
• E)The act produced prompt corrective action capital zones based on observable rules rather than discretion of examiners.

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision about one's own actions and life direction.

Parent-Adolescent Conflict

The disagreements and misunderstandings between parents and adolescents, often related to differing views, values, or psychological needs.

Late Adolescence

A developmental stage occurring from around 18 to late 20s, characterized by increased independence and exploration of personal identity.

Emerging Adulthood

refers to a phase of life between adolescence and full-fledged adulthood which encompasses late teens through twenties, marked by exploration and instability in love, work, and worldviews.