The Office of Thrift Supervision (OTS) Was Created to

question 99

Multiple Choice

The Office of Thrift Supervision (OTS) was created to

• A)regulate credit unions.
• B)dispose of the properties of the failed S&Ls.
• C)oversee the S&L industry.
• D)regulate the investments of the S&Ls.

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Definitions:

Production

The process of creating goods or services by combining labor, materials, and technology.

Dollar Amount

The total value of something expressed in dollars.

Sales Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are deducted.

Sales Commissions

Payments made to sales employees or agents based on the value or volume of sales they generate.