Many Lessons Should Be Learned from the Credit Crunch

question 87

Multiple Choice

Many lessons should be learned from the credit crunch.

• A)One lesson is that credit rating agencies need to refine their models for evaluating esoteric credit risk created in MBS and CDOs.
• B)One lesson is that borrowers must be more wary of putting complete faith in credit ratings.
• C)One lesson is that bankers seem not to scrutinize credit risk as closely when they serve only as mortgage originators and then pass it on to MBS investors rather than hold the paper themselves.
• D)all of the options

Understand the components of stress management and their implications for occupational health.

Recognize psychological disorders associated with workplace stress and trauma.

Identify effective strategies and legal steps to address workplace bullying and harassment.

Understand different components and sections of a lesson plan.

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Definitions:

Quality Costs

Expenses related to ensuring products or services meet company and customer quality standards, including prevention, appraisal, and failure costs.

Appraisal Costs

Costs that are incurred to identify defective products before the products are shipped to customers.

Quality Costs

Expenses associated with preventing, detecting, and correcting defective work, including costs of inspections, tests, and warranties.

Prevention

Measures or actions taken to reduce the risk of errors, defects, or damages in a production process or operation.