Which of the Following Statements Is True

question 76

Multiple Choice

Which of the following statements is true?

• A)The size of the range over which bucket gaps are calculated does not matter as the repricing gap will always lead to exact results.
• B)The shorter the range over which bucket gaps are calculated, the greater the potential error.
• C)The shorter the range over which bucket gaps are calculated, the smaller the potential error.
• D)None of the listed options are correct.

---

Definitions:

Liability

A legal obligation or responsibility, often involving financial debts or compensation for losses or damages.

Injured Buyer

Refers to a purchaser who has suffered harm or damage due to misrepresentation, defective goods, or breach of warranty in a transaction, and may seek legal remedy.

Open and Obvious Risks

Hazards or dangers in a particular environment that are so apparent and recognizable that they should be avoided by anyone paying reasonable attention.

Duty to Warn

a legal obligation to inform others of a risk or hazard that is not immediately apparent, to prevent harm.