Which of the Following Is Not a Provision of the Dodd-Frank

question 13

Multiple Choice

Which of the following is not a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act?

• A)Increases the accountability and transparency of financial institutions
• B)Creates a bureau to educate consumers in financial literacy
• C)Creates an organization to pay the bills of low-income consumers
• D)Create incentives for whistle-blowers to come forward
• E)Increases oversight of the financial industry

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Definitions:

Accountant

A professional responsible for maintaining and interpreting financial records, ensuring accuracy and compliance with laws and regulations.

Net Present Value

The calculation used to find today’s value of a stream of future payments or receipts, by discounting them using a specific rate of return.

Investment

Investment refers to the allocation of resources, such as capital, time, or assets, with the expectation of generating profit or income, involving mechanisms like stocks, bonds, real estate, or other financial vehicles.

Present Value Factors

Multipliers used to calculate the present value of a future sum of money or stream of cash flows given a specific interest rate.