Which of the Following Is False

question 97

Multiple Choice

Which of the following is false?

• A)The largest number of banks are state-chartered.
• B)Virtually all banks are members of the Fed.
• C)The vast majority of banks have FDIC insurance.
• D)Banks with national charters have more assets than banks with state charters.

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Definitions:

Group Decision Support Systems

Computer-based systems that facilitate collaborative problem solving and decision-making processes within groups, enhancing efficiency and outcomes.

Transactive Memory

A system of collective memory where groups or partnerships share and delegate the responsibility of remembering different types of information.

Groupthink

A phenomenon that occurs within a group when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Brainstorming

A creative group problem-solving and idea-generating technique aiming to find a conclusion for a specific problem by gathering a list of ideas spontaneously contributed by its members.