Which of the following is true of a bank's CRA strategic plan?
A) It must be limited to a one-year term.
B) It must have measurable goals.
C) Affiliates must have their own plans.
D) Even if the bank has multiple assessment areas, it must have one strategic plan.
Correct Answer:
Verified
Q347: Which of the following is the best
Q348: Which of the following institutions is exempt
Q349: Which of the following institutions could be
Q350: Which of the following is NOT a
Q351: Several types of loan-related data appear in
Q353: Which of the following must a "large"
Q354: Which of the following institutions is NOT
Q355: What are holders of unclaimed property required
Q356: The following statements make assertions about the
Q357: ABC National Bank, an independent bank with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents