Which of the Following Procedures Does APRA Require to Be

question 31

Multiple Choice

Which of the following procedures does APRA require to be adopted by FIs as part of their liquidity management strategies?

• A)Liquidity management policy approved by the board.
• B)Procedures for assessing and measuring liquidity.
• C)A formal contingency plan for dealing with a liquidity crisis.
• D)All of the listed options are correct.

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Definitions:

Tailings

The materials left over after the process of separating the valuable fraction from the uneconomic fraction of an ore.

Ore

A naturally occurring solid material from which a metal or valuable mineral can be extracted profitably.

Metamorphic Rock

Rock that was once one form of rock but has changed to another under the influence of heat, pressure, or some other agent without passing through a liquid phase.

Heat And Pressure

The combination of high temperature and force applied to a material, often leading to physical or chemical changes.