Even if other external forces (such as interest rates)are unchanged, a commercial bank's expected cash flows can change in response to a change in its management skills.

Question

Quizplus · Accepted Answer

Changes in management skills can lead to better decision-making, risk management, and strategic planning, directly affecting the bank's operational efficiency, loan quality, and investment returns, thereby altering its expected cash flows.

Even If Other External Forces (Such as Interest Rates)are Unchanged