Which of the following is a characteristic of strategic planning?
A) it focuses on cost efficiency
B) it must be consistent with the bank's budget
C) it is creative by nature
D) a and b
E) a, b, and c
Correct Answer:
Verified
Q23: RAROC is an external performance evaluation measure.
Q24: EVA is a financial management technique that
Q25: RAROC and EVA can reduce agency costs.
Q26: All of the following are examples of
Q27: Banks quantify goals and formalize the planning
Q29: The proportion of assets, deposits, and loans
Q30: Banks implement new technologies for all of
Q31: The _ of increasing technology must be
Q32: A high equity multiplier can increase ROE
Q33: The _ ratio gives actual losses on
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