Which of the Following Is False

question 79

Multiple Choice

Which of the following is false?

• A)The failure of a depository institution may have system wide repercussions and is therefore a reason why Congress has regulated depository institutions.
• B)Historically, the financial services industry and the regulatory structure were segmented.
• C)Regulation may be by institutional grouping or market (product) grouping.
• D)From 2000 to 2008, the financial services industry became more highly regulated.

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Definitions:

Bar Charts

A graphical representation of data using bars of different lengths to compare values across categories.

Financial Planning

The process of creating strategies for managing financial resources effectively to meet life goals.

Retirement Annuity

A financial product that provides a stream of payments to an individual after retirement, funded through either periodic or lump sum contributions.

IRA

An Individual Retirement Account, a financial tool used in the United States to save for retirement with tax advantages.