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An FI's Operating Cost and the Efficient Use of Technology

Question 45

Multiple Choice

An FI's operating cost and the efficient use of technology:


A) have no impact on the FI's profits before taxes
B) can have a significant impact on the FI's profits before taxes
C) will merely improve the FI's reputation
D) are not important as FIs have the back-up of the government in times of financial distress

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