Which One of the Following Activities Is Not Related to the Trust

question 275

Multiple Choice

Which one of the following activities is not related to the trust committee activities that should be reviewed?

• A) Whether regular meetings are held and documented by meeting minutes
• B) Whether the trust committee contains at least one member who is not a bank officer
• C) Whether there is adequate oversight of the trust committee's activities by board of directors
• D) None of these

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Definitions:

Treynor Measure

A performance metric for determining how well an investment portfolio or fund has performed on a risk-adjusted basis, using beta as the risk measure.

Residual Standard Deviation

A measure of the amount of variability or dispersion of a set of data points around a regression line not explained by the regression itself.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility than the market, while a beta less than 1 indicates lower volatility.

Style Analysis

A technique used in finance to determine the investment strategy of a fund or portfolio by breaking down its holdings into meaningful characteristics or styles such as size, value, or growth orientation.