According to the textbook,the ratio of a bank's pre-tax net operating income to total operating revenues is a measure of expense-control efficiency.

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The ratio of a bank's pre-tax net operating income to total operating revenues is a measure of expense-control efficiency because it shows how much of the bank's revenue is being used to cover expenses. A higher ratio indicates that the bank is doing a good job of controlling its expenses, while a lower ratio indicates that the bank is spending too much on expenses.

According to the Textbook,the Ratio of a Bank's Pre-Tax Net