A Reason Why Rogue Traders Have Bankrupt Their Banks Is

question 142

Multiple Choice

A reason why rogue traders have bankrupt their banks is due to

• A)the separation of trading activities from the bookkeepers.
• B)stringent supervision of trading activities by bank management.
• C)accounting errors.
• D)a failure to maintain proper internal controls.

---

Definitions:

Coniferous Forests

Forest ecosystems dominated by cone-bearing trees, such as pines and spruces, typically found in cooler and often drier regions.

Economic Importance

Economic importance refers to the value or significance of an organism, substance, industry, or activity in terms of generating income, employment, or contributing to the economy.

Produces Flowers

This refers to the ability of certain plants to generate flowers, which are the reproductive structures involving the production of seeds and fruits.

One Living Species

Refers to the concept of a species being the sole surviving member of its genus or family, often highlighting the vulnerability of such species to extinction.