E. The correct answer is:B Explanation: The level of experience or intelligence in the knowledge base is a key concern for the IS auditor as decision errors, based on a lack of knowledge, could have a severe impact on the organization. Choices A, C and D are not as important as B. Area:...
An important financial institution that ___ is the investment bank. A. assists in the initial sale of securities in the primary market; B. assists in the sale of securities in the secondary market; C. assists in the sale of stocks in the primary market; D. assists in the initial...
Before registering a business as an LLC, consider these possible drawbacks. Limited liability has limits.A judge can rule that an LLC structure doesn’t protect your personal assets. The action is called “piercing the corporate veil,” and you can be at risk if, for example, you don’t ...
Banks maintain an allowance for loan andleaselosses. This allowance is a pool of capital specifically set aside to absorb estimated loan losses and should be adequate to absorb the estimated amount of probable losses in the institution's loan portfolio. Theloan loss provisionis located on a bank...
Answer and Explanation: An example of an institution-specific to the United States in a) Congress. It is the legislature of the federal government of the U.S and is...
An example of a “vicious cycle” may start from a money-liquidity crisis at some banks, which extends to an international crisis of investor confidence in the financial sector, leading to a balance of payments problem for the country and currency devaluation, that, therefore, generates even fur...
The “IMF” is an important international financial institution. What is the full name of “IMF”? A. International Monetary Fund B. International Money Fund C. International Finance Fund D. International Fiscal Fund 相关知识点: 试题来源: 解析 A。“IMF”是“International Monetary Fund”的缩写,...
An exchange-traded fund (ETF) is a basket of investments made up of assets such as stocks or bonds, which allow you to invest in many securities all at once. They often have lower fees than other types of funds and are traded more easily, too. But as with all financial products, ETFs...
Revolving Line of Credit:A revolving line of credit entails a service made available to a given account holder to make borrowing in a given financial institution up to to a given set limit where they cannot exceed a given amount within a given period. Therefore, operations involve securing ...
the socialverification of knowledge, in which we test our ideas in a rigorous and systematic way tosee if they make sense not just to us, but to other people. The outstanding example of thissocially shared cognition is science. That does not mean that individuals are not capable of excel...