During the 1980s,the Comptroller of the Currency,the Federal Reserve and the FDIC created a new tool called the Uniform Bank Performance Report to help them analyze the financial condition of banks.

Question

Quizplus · Accepted Answer

The statement is true. The Uniform Bank Performance Report was created in the 1980s by the Comptroller of the Currency, the Federal Reserve, and the FDIC to help them assess the financial health of banks.