Examlex
Which of the following is considered to be an entity-wide control?
Open Market Operations
The buying and selling of government securities by a central bank in order to control the money supply and influence interest rates.
Excess Reserves
The capital reserves held by a bank or financial institution in excess of what is required by regulators, central bank, or other governing body.
Actual Reserves
The amount of funds that a bank has on hand and available to lend, beyond its reserve requirements.
Required Reserves
The minimum amount of funds a bank must hold in reserve against deposit liabilities, as mandated by regulatory authorities.
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