Question 1

Bank size is not considered a significant factor in determining how banks are organized.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following country's banks were owned by the state until the 1990's?

Accepted Answer

A) Belgium 
B) France 
C) Germany 
D) Italy 
E) None of the options are correct 
A) Belgium 
B) France 
C) Germany 
D) Italy 
E) None of the options are correct

Question 3

Bank holding companies that want to achieve some reduction in earnings risk through interstate banking,can achieve the same level of risk reduction by entering any of the fifty states.

Accepted Answer

A) True 
 B)False

Question 4

____________ offer savings deposit plans and housing related credit,predominantly to individuals and families.

Accepted Answer

A) Insurance companies 
B) Real estate companies 
C) Trust companies 
D) Factoring companies 
E) Savings associations 
A) Insurance companies 
B) Real estate companies 
C) Trust companies 
D) Factoring companies 
E) Savings associations

Question 5

According to Levonian and Rose, in order to achieve some reduction in earnings risk, interstate banks must:

Accepted Answer

A)  	expand into different product lines. 
B)  	expand into a number of different regions. 
C)  	increase the number of people in the management. 
D)  	increase the number of employees. 
E)  	buy smaller banks. 
A)  	expand into different product lines. 
B)  	expand into a number of different regions. 
C)  	increase the number of people in the management. 
D)  	increase the number of employees. 
E)  	buy smaller banks.

Question 6

Websites known as electronic branches offer all of the following except:

Accepted Answer

A) Internet banking services. 
B) ATMs. 
C) point of sale terminals. 
D) computer and phone services connecting customers. 
E) traveler's checks. 
A) Internet banking services. 
B) ATMs. 
C) point of sale terminals. 
D) computer and phone services connecting customers. 
E) traveler's checks.

Question 7

Many financial experts believe that the customers most likely to be damaged by decreased competition include:

Accepted Answer

A) large corporations in large cities. 
B) households and business in smaller cities and towns. 
C) households that earn more than a million dollars a year. 
D) students away at college. 
E) None of the options are correct. 
A) large corporations in large cities. 
B) households and business in smaller cities and towns. 
C) households that earn more than a million dollars a year. 
D) students away at college. 
E) None of the options are correct.

Question 8

Nonbank financial firms that supply insurance coverage to customers borrowing money to guarantee repayment of a loan are referred to as:

Accepted Answer

A) merchant bankers. 
B) factoring companies. 
C) savings associations. 
D) investment bankers. 
E) credit insurance underwriters. 
A) merchant bankers. 
B) factoring companies. 
C) savings associations. 
D) investment bankers. 
E) credit insurance underwriters.

Question 9

Consolidation,particularly among saving associations,finance companies,credit unions,security firms,and insurance companies,is:

Accepted Answer

A) occurring at a rapid pace. 
B) non-existent. 
C) occurring at a slow pace. 
D) disapproved of by the regulators. 
E) None of the options are correct. 
A) occurring at a rapid pace. 
B) non-existent. 
C) occurring at a slow pace. 
D) disapproved of by the regulators. 
E) None of the options are correct.

Question 10

Recent research suggests that the relationship between bank size and the cost of production per unit of output is roughly U shaped.

Accepted Answer

A) True 
 B)False

Question 11

When different financial service providers offer a similar range of services including banking,insurance and securities services,it is known as:

Accepted Answer

A) consolidation. 
B) convergence. 
C) economies of scale. 
D) e-efficiencies. 
E) None of the options are correct. 
A) consolidation. 
B) convergence. 
C) economies of scale. 
D) e-efficiencies. 
E) None of the options are correct.

Question 12

A "typical" money center bank:

Accepted Answer

A) has a complex organizational chart. 
B) is often plagued by span of control. 
C) is owned by a bank holding company. 
D) is well diversified-both geographically and by product line. 
E) All the options are correct. 
A) has a complex organizational chart. 
B) is often plagued by span of control. 
C) is owned by a bank holding company. 
D) is well diversified-both geographically and by product line. 
E) All the options are correct.

Question 13

A bank that is not owned by a holding company is called a(n)______________ bank.

Accepted Answer

The answer of A bank that is not owned by...

Question 14

Which of the following is charged with setting policies and overseeing the performance of a bank?

Accepted Answer

A) Stockholders 
B) Board of directors 
C) Regulators 
D) Depositors 
E) None of the options are correct 
A) Stockholders 
B) Board of directors 
C) Regulators 
D) Depositors 
E) None of the options are correct

Question 15

When a bank holding company acquires a nonbank business it must be approved by the:

Accepted Answer

A) FDIC. 
B) Comptroller of the Currency. 
C) Federal Reserve. 
D) SEC. 
E) All the options are correct 
A) FDIC. 
B) Comptroller of the Currency. 
C) Federal Reserve. 
D) SEC. 
E) All the options are correct

Question 16

The concentration of bank deposits at the local level (that is in urban communities and rural counties)has displayed only moderate changes in recent years.

Accepted Answer

A) True 
 B)False

Question 17

A(n)___________________ is a machine located at the merchant's place of business which allows depositors to use their debit card to pay for purchases directly.

Accepted Answer

The answer of A(n)___________________ is a machine located at the...

Question 18

A banking corporation,chartered by either federal or state governments,that operates only one full-service office is called a unit bank.

Accepted Answer

A) True 
 B)False

Question 19

Nearly three quarters of all U.S.banks exceed $100 million in asset size apiece.

Accepted Answer

A) True 
 B)False

Question 20

A typical branch banking organization:

Accepted Answer

A) has complete centralization of authority. 
B) has complete decentralization of authority. 
C) has partial decentralization of authority. 
D) is completely operated by regulators. 
E) is completely operated by shareholders. 
A) has complete centralization of authority. 
B) has complete decentralization of authority. 
C) has partial decentralization of authority. 
D) is completely operated by regulators. 
E) is completely operated by shareholders.

Bank size is not considered a significant factor in determining how banks are organized.

Which of the following country's banks were owned by the state until the 1990's?

Bank holding companies that want to achieve some reduction in earnings risk through interstate banking,can achieve the same level of risk reduction by entering any of the fifty states.

____________ offer savings deposit plans and housing related credit,predominantly to individuals and families.

According to Levonian and Rose, in order to achieve some reduction in earnings risk, interstate banks must:

Websites known as electronic branches offer all of the following except:

Many financial experts believe that the customers most likely to be damaged by decreased competition include:

Nonbank financial firms that supply insurance coverage to customers borrowing money to guarantee repayment of a loan are referred to as:

Consolidation,particularly among saving associations,finance companies,credit unions,security firms,and insurance companies,is:

Recent research suggests that the relationship between bank size and the cost of production per unit of output is roughly U shaped.

When different financial service providers offer a similar range of services including banking,insurance and securities services,it is known as:

A "typical" money center bank:

A bank that is not owned by a holding company is called a(n)______________ bank.

Which of the following is charged with setting policies and overseeing the performance of a bank?

When a bank holding company acquires a nonbank business it must be approved by the:

The concentration of bank deposits at the local level (that is in urban communities and rural counties)has displayed only moderate changes in recent years.

A(n)___________________ is a machine located at the merchant's place of business which allows depositors to use their debit card to pay for purchases directly.

A banking corporation,chartered by either federal or state governments,that operates only one full-service office is called a unit bank.

Nearly three quarters of all U.S.banks exceed $100 million in asset size apiece.

A typical branch banking organization:

An Overview of the Changing Financial-Services Sector

The Impact of Government Policy and Regulation on the Financial-Services Industry

Establishing New Banks, Branches, ATMs, Telephone Services, and Websites

The Financial Statements of Banks and Their Principal Competitors

Measuring and Evaluating the Performance of Banks and Their Principal Competitors

Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques

Investment Banking,Insurance,and Other Sources of Fee Income

Risk Management: Asset-Backed Securities, Loan Sales, Credit Standbys, and Credit Derivatives

The Investment Function in Financial-Services Management

Liquidity and Reserves Management: Strategies and Policies

Managing and Pricing Deposit Services

Managing Nondeposit Liabilities

Investment Banking, insurance, and Other Sources of Fee Income

The Management of Capital

Lending Policies and Procedures: Managing Credit Risk

Lending to Business Firms and Pricing Business Loans

Consumer Loans, Credit Cards, and Real Estate Lending

Acquisitions and Mergers in Financial-Services Management

International Banking and the Future of Banking and Financial Services

Filters

Exam 3: The Organization and Structure of Banking and the Financial-Services Industry

Bank size is not considered a significant factor in determining how banks are organized.

Which of the following country's banks were owned by the state until the 1990's?

Bank holding companies that want to achieve some reduction in earnings risk through interstate banking,can achieve the same level of risk reduction by entering any of the fifty states.

____________ offer savings deposit plans and housing related credit,predominantly to individuals and families.

According to Levonian and Rose, in order to achieve some reduction in earnings risk, interstate banks must:

Websites known as electronic branches offer all of the following except:

Many financial experts believe that the customers most likely to be damaged by decreased competition include:

Nonbank financial firms that supply insurance coverage to customers borrowing money to guarantee repayment of a loan are referred to as:

Consolidation,particularly among saving associations,finance companies,credit unions,security firms,and insurance companies,is:

Recent research suggests that the relationship between bank size and the cost of production per unit of output is roughly U shaped.

When different financial service providers offer a similar range of services including banking,insurance and securities services,it is known as:

A "typical" money center bank:

A bank that is not owned by a holding company is called a(n)______________ bank.

Which of the following is charged with setting policies and overseeing the performance of a bank?

When a bank holding company acquires a nonbank business it must be approved by the:

The concentration of bank deposits at the local level (that is in urban communities and rural counties)has displayed only moderate changes in recent years.

A(n)___________________ is a machine located at the merchant's place of business which allows depositors to use their debit card to pay for purchases directly.

A banking corporation,chartered by either federal or state governments,that operates only one full-service office is called a unit bank.

Nearly three quarters of all U.S.banks exceed $100 million in asset size apiece.

A typical branch banking organization:

An Overview of the Changing Financial-Services Sector

The Impact of Government Policy and Regulation on the Financial-Services Industry

Establishing New Banks, Branches, ATMs, Telephone Services, and Websites

The Financial Statements of Banks and Their Principal Competitors

Measuring and Evaluating the Performance of Banks and Their Principal Competitors

Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques

Investment Banking,Insurance,and Other Sources of Fee Income

Risk Management: Asset-Backed Securities, Loan Sales, Credit Standbys, and Credit Derivatives

The Investment Function in Financial-Services Management

Liquidity and Reserves Management: Strategies and Policies

Managing and Pricing Deposit Services

Managing Nondeposit Liabilities

Investment Banking, insurance, and Other Sources of Fee Income

The Management of Capital

Lending Policies and Procedures: Managing Credit Risk

Lending to Business Firms and Pricing Business Loans

Consumer Loans, Credit Cards, and Real Estate Lending

Acquisitions and Mergers in Financial-Services Management

International Banking and the Future of Banking and Financial Services

Filters