The CAR Is the Primary Form of Prudential Supervision, Whereas

question 44

True/False

The CAR is the primary form of prudential supervision, whereas efforts by APRA to ensure ADIs are capable of identifying and managing their risks are of secondary importance.

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Buy Option

Refers to the right, but not the obligation, to purchase something at a predetermined price within a specific time frame.

Control

The process of directing, regulating, or managing activities or systems to achieve desired outcomes.

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The degree to which a system, service, or resource is accessible and usable upon demand.

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Short for Software as a Service, a cloud computing model wherein software applications are hosted by a service provider and made available to customers over the internet.