The Insured Depositor Transfer Method of Failure Resolution

question 46

Multiple Choice

The insured depositor transfer method of failure resolution

• A)results in the closure of the failed bank.
• B)results in the merger of the failed bank into a stronger entity.
• C)keeps the failed bank operating for a short period of time.
• D)minimizes the FDIC's out of pocket costs of resolving a failed DI.
• E)forces insured depositors to bear some losses.

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Definitions:

Procedure Codes

Numeric or alphanumeric codes used to identify specific health care services for billing and documentation.

HCPCS Level II

A standardized coding system used in the United States to classify healthcare services, supplies, and procedures not covered by the standard medical coding system.

Alphabetic Characters

Letters in the alphabet, used in the construction of words, including both lowercase and uppercase forms.

Global Period

The period of time that is covered for follow-up care of a procedure or surgical service.