Which of the Following Sources Is the Least Desirable to Use

question 350

Multiple Choice

Which of the following sources is the least desirable to use when monitoring a correspondent bank's capital?

• A) A national rating agency's report on the correspondent bank
• B) The correspondent bank's own call report
• C) The correspondent bank's annual report to shareholders
• D) A national newspaper's story on the correspondent bank's financial condition

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Definitions:

Continuous Tension

Ongoing stress or strain in an individual's life that is persistent and not easily resolved, potentially affecting mental and physical health.

Haves

A term used to describe individuals or groups that possess wealth or resources, in contrast to those who do not.

Have-nots

Individuals or groups who lack access to resources, wealth, or privileges enjoyed by others in society.

Theory

A set of statements that explains why a particular phenomenon occurs.