Which of the Following Statements Is  NOT Correct

question 44

Multiple Choice

Which of the following statements is  NOT correct?

• A)Managers may be tempted to make decisions that are in their own best interests rather than shareholder interests.
• B)Directors of a bank determine whether loan applications should be approved.
• C)To prevent agency problems, some banks provide stock as compensation to managers.
• D)The underlying goal behind the managerial policies of a bank is to maximize the wealth of the bank's shareholders

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Definitions:

Landslide

The movement of rock, earth, or debris down a slope due to gravity, often triggered by factors like rain, earthquakes, or human activity.

Collapse

the process of something falling down or caving in suddenly, often due to structural failure.

Tsunami

A series of ocean waves with extremely long wavelengths caused by large-scale disturbances such as earthquakes, volcanic eruptions, or underwater landslides.

Recurrence Intervals

The average time between events such as earthquakes, floods, or volcanic eruptions, used in risk assessment and planning.