What Was One of the Goals of the Passage of the Dodd-Frank

question 20

Multiple Choice

What was one of the goals of the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010?

• A)Remove the restriction on the paying of interest on demand deposits that had been established with Regulation Q.
• B)Impose interest rate ceilings on a variety of bank deposit accounts.
• C)Offer "gifts" in exchange for deposits.
• D)Create new financial products that were not technically demand deposits.

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Definitions:

Direct Materials

Raw materials that can be directly traced to the production of goods, forming a significant part of manufacturing costs.

Net Cash Inflows

The total amount of money received from operations, investments, and financing activities, minus the amount of money spent.

Operating Income

The profit realized from a company's everyday core business operations, excluding deductions of interest and taxes.

Cash Payback Period

The duration needed for an investment to generate cash flows sufficient to recover the initial cost of the investment.