Which of the Following Procedures Does APRA Require to Be

question 31

Multiple Choice

Which of the following procedures does APRA require to be adopted by FIs as part of their liquidity management strategies?

• A)Liquidity management policy approved by the board.
• B)Procedures for assessing and measuring liquidity.
• C)A formal contingency plan for dealing with a liquidity crisis.
• D)All of the listed options are correct.

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Definitions:

Documentation

The act of creating and maintaining accurate records of activities, processes, or events, which is essential in healthcare for tracking patient care and treatment outcomes.

Accredited Hospital

A healthcare institution officially recognized by a governmental or independent agency for meeting certain quality standards.

Incident Documentation

The recording and reporting of details regarding an unexpected event or occurrence, typically within a professional setting, to ensure proper handling and response.

Staffing Levels

The number and mix of staff members employed within an organization or specific work setting, crucial for operational efficiency and service quality.