How Can Noninterest Operating Expenses of an FI Be Reduced

question 113

Multiple Choice

How can noninterest operating expenses of an FI be reduced by improved technological efficiency?

• A)By improving the efficiency of management of information flows.
• B)By obtaining access to low cost sources of funds.
• C)By linking services to the quality of the FI's technology.
• D)By innovating new interest earning products.

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Definitions:

Sales Commissions

Fees paid to sales personnel based on the amount of sales revenue they generate.

Net Operating Income

Income generated from normal business operations after deducting operating expenses but before interest and taxes.

Marketing Manager

A professional responsible for overseeing and guiding a company's marketing strategies and campaigns.

Advertising Campaign

A series of advertisement messages that share a single idea and theme aimed at reaching a particular audience.