Solved

Which of the Following Considerations Was Not Imposed by FDICIA

Question 105

Multiple Choice

Which of the following considerations was not imposed by FDICIA in an attempt to increase regulatory discipline?


A) The act required improved accounting standards for banks.
B) The act forbids the use of brokered deposits.
C) The act required an annual on-site examination of every bank.
D) The act gave private accountants a greater role in monitoring a bank's performance.
E) The act produced prompt corrective action capital zones based on observable rules rather than discretion of examiners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions