Under Market Value Accounting Methods, FIs

Multiple Choice

Under market value accounting methods, FIs

A) must write down the value of their assets to fully reflect market values.
B) have a great deal of discretion in timing the write downs of problem loans.
C) must conform to regulatory write-down schedules.
D) have an incentive to fully reflect problem assets as they become known.
E) are required to invest in expensive computerized bookkeeping systems.