Issues relating to the bank's liquidity management are commonly discussed in:
A) the Asset Liability Management Committee (ALCO)
B) the Financial Resources and Compensation Committee
C) the Credit Committee
D) the Federal Open Market Committee

Question

Quizplus · Accepted Answer

Liquidity management is typically discussed and managed by the Asset Liability Management Committee (ALCO) in a bank. The Financial Resources and Compensation Committee focuses on the bank's capital and compensation issues, while the Credit Committee is responsible for making credit decisions. The Federal Open Market Committee sets monetary policy in the United States.

Issues Relating to the Bank's Liquidity Management Are Commonly Discussed