16-50 How can interest expense of an FI be reduced by improved technological efficiency?
A) By improving the efficiency of management of information flows.
B) By obtaining access to low cost sources of funds.
C) By linking services to the quality of the FI's technology.
D) By innovating new interest earning products.
E) By complying with all government regulations.
Correct Answer:
Verified
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A)Overnight payments via CHIPS
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