Which of the Following Is NOT a Requirement of CRA

question 71

Multiple Choice

Which of the following is NOT a requirement of CRA?

• A) To delineate the bank's assessment area(s)
• B) To collect loan data
• C) To approve the bank's CRA statement at an annual board meeting
• D) To report small business loan data

Evaluate the effect of incremental increases in periodic contributions on the future value of investments.

Calculate the present value of indexed annuities with payments that grow at a specified rate.

Determine the interest rate required to meet specific financial goals in perpetuity.

Understand and analyze the basic accounting equation and its components (assets, liabilities, owner's equity).

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Definitions:

Randomization

A method used in experiments to ensure every participant has an equal chance of being assigned to any group, reducing bias.

Independent Variables

Variables in an experiment that are manipulated or changed to observe their effects on dependent variables.

Research Allegiance Bias

A form of bias that occurs when researchers' preferences, beliefs, or allegiances affect the outcome or interpretation of a study.

Subjective Process Variables

Variables in research that are based on personal feelings, tastes, or opinions, affecting the study's process or outcomes.