The Textbook Discusses Several Alternative Defenses Banks Have Against Risk

question 14

Multiple Choice

The textbook discusses several alternative defenses banks have against risk.These defenses include:

• A)quality management.
• B)portfolio diversification.
• C)geographic diversification.
• D)deposit insurance.
• E)All of the options are correct.

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Definitions:

Predict

To declare or indicate in advance; especially, to foretell on the basis of observation, experience, or scientific reason.

Confidence

The degree to which one can feel assured about an estimate, prediction, or result, often quantified in statistical analysis as a confidence interval.

Winnings

The amount of money or prizes won in a game, lottery, or other competition.

Education

Education is the systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various forms such as teaching, training, storytelling, discussion, and directed research.