Programs That Are Not Accredited by CACREP Are Generally Regarded

question 35

Multiple Choice

Programs that are not accredited by CACREP are generally regarded as:

• A) weak.
• B) substandard.
• C) potentially still strong.
• D) "somewhat of a joke within the profession" (Hastings, 2009).

---

Definitions:

Society of Worldwide Interbank Financial Telecommunications

An international organization that provides a network for financial institutions globally to send and receive information about financial transactions.

Client Accounts

Financial accounts held by a financial institution on behalf of its clients, often used for the safekeeping of money, securities, or other assets.

Unbalanced Value Flow

A situation in a business process where the value output is not proportional to the value input, leading to inefficiencies or waste.

Potential Risk

The possibility of a negative event occurring, which could lead to harm or loss.