The Principal-Agent Problem That Exists for Bank Trading Activities Can

question 33

Multiple Choice

The principal-agent problem that exists for bank trading activities can be reduced through

• A)creation of internal controls that combine trading activities with bookkeeping.
• B)creation of internal controls that separate trading activities from bookkeeping.
• C)elimination of regulation of banking.
• D)elimination of internal controls.

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Definitions:

Equal Employment

A policy and practice that ensures opportunities in employment are given fairly without discrimination on any grounds.

Reasonable Accommodation

An employer's obligation to do something to enable an otherwise qualified person to perform a job.

Essential Functions

The fundamental job duties of a position that an individual must be able to perform with or without reasonable accommodation.

Educational Background

The formal schooling and training received by an individual, including degrees, certifications, and other educational qualifications.