The Section of a Contingency Plan That Assesses the Impact

question 22

Multiple Choice

The section of a contingency plan that assesses the impact of potential adverse events on the bank's balance sheet is known as the _________ section?

• A) narrative
• B) qualitative
• C) quantitative
• D) summary
• E) descriptive

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Definitions:

Corporate Governance

The system of rules, practices, and processes by which a corporation is directed and controlled, encompassing nearly every aspect of management, from action plans and internal controls to performance measurement and corporate disclosure.

Whistle-Blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public.

Shareholder Voting

The process by which shareholders exercise their right to vote on corporate matters, such as elections for the board of directors or decisions on corporate policies.

Libertarian

A political ideology that emphasizes individual liberty, advocating for minimal government interference in personal and economic matters.