Which of the Following Is Not the Responsibility of the Asset

Multiple Choice

Which of the following is not the responsibility of the asset and liability committee (ALCO) ?

A) ensure that compliance is carried out efficiently
B) set limits on borrowing in the short-term markets to fund long-term lending
C) develop, evaluate, monitor and approve strategies related to risk due to imbalances in the asset and liability structure of the balance sheet
D) report to the board of directors