8-38 When Repricing All Interest Sensitive Assets and All Interest

question 77

Multiple Choice

8-38 When repricing all interest sensitive assets and all interest sensitive liabilities in a balance sheet,the cumulative gap will be

• A)zero.
• B)one.
• C)greater than one.
• D)a negative value.
• E)infinity.

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Definitions:

Identity Theft

Crime in which someone uses the personal information of others to create a false identity and then uses it fraudulently.

Bank Account

A financial account maintained by a bank or other financial institution in which the financial transactions between a customer and the institution are recorded.

Pretending

The act of making believe or acting in a way that is not genuine or is meant to deceive.

Cryptographic Key

A piece of information (a string of bits) used in cryptography to encrypt and decrypt data, ensuring secure communication and data transfer.