The FDIC Prefers to Use the Purchase and Assume Strategy

question 30

Multiple Choice

The FDIC prefers to use the purchase and assume strategy to deal with a failed bank rather than the pay off and liquidate approach because it is typically

• A)less risky.
• B)less complicated.
• C)more likely to succeed.
• D)less expensive.

---

Definitions:

Managerial Accounting

The process of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the purpose of achieving organizational goals.