Which of the Following Is Required in Order to Execute

question 78

Multiple Choice

Which of the following is required in order to execute a successful spend analysis?

• A)graphics capabilities found in charting packages and Visio
• B)a sophisticated statistical software package such as SPSS or SAS
• C)ability to analyze large quantities of data
• D)a minimum of six months uninterrupted work time

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Definitions:

Federal Banks

Centralized banking institutions established by a country to oversee the monetary system and implement national economic policies.

State Banks

Financial institutions chartered by a state to provide banking services.

National Banks

Financial institutions that are chartered by the federal government and play a key role in the country’s financial system and economy.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from the Federal Reserve Bank's lending facility.