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:
Verified
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