Which of the Following Considerations Was Not Imposed by FDICIA

question 105

Multiple Choice

Which of the following considerations was not imposed by FDICIA in an attempt to increase regulatory discipline?

• A)The act required improved accounting standards for banks.
• B)The act forbids the use of brokered deposits.
• C)The act required an annual on-site examination of every bank.
• D)The act gave private accountants a greater role in monitoring a bank's performance.
• E)The act produced prompt corrective action capital zones based on observable rules rather than discretion of examiners.

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Definitions:

African Americans

A term referring to the descendants of the African diaspora who are residents in the United States.

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A term describing Americans of Asian descent, encompassing a wide range of ethnic groups, cultures, and backgrounds.

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Are employees whose jobs are primarily concerned with the acquisition and application of knowledge. They contribute to an organization through what they know and how they can apply what they know.

Authoritative Leader

A leadership style characterized by individual control over all decisions and little input from group members, often focusing on clear, explicit directives.