How Can Interest Expense of an FI Be Reduced by Improved

question 34

Multiple Choice

How can interest expense 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:

Understanding

The ability to comprehend, grasp the meaning of, or assign significance to something.

Conflicts of Interest

Situations where an individual's personal interests might compromise their judgment or actions in their professional role.

Personal Interests

Refers to the individual hobbies, preferences, or benefits that a person might pursue or gain, separate from professional responsibilities or collective needs.

Organization

An arranged group of individuals or entities that form a business, institution, or other entity aimed at achieving particular goals or objectives.