Question
Multiple Select Question
Select all that apply
Which of the following are reasons that the Fed makes periodic examinations of banks?
Multiple select question.
To ensure that banks perform in accordance with regulations
To elect new bank leadership
To assess bank profitability
To uncover questionable practices
Select all that apply
Which of the following are reasons that the Fed makes periodic examinations of banks?
Multiple select question.
To ensure that banks perform in accordance with regulations
To elect new bank leadership
To assess bank profitability
To uncover questionable practices
Answers
GPT-4o mini
The correct options for why the Fed makes periodic examinations of banks are:
1. To ensure that banks perform in accordance with regulations
2. To assess bank profitability
3. To uncover questionable practices
The option "To elect new bank leadership" is not a reason for the Fed's examinations of banks.
1. To ensure that banks perform in accordance with regulations
2. To assess bank profitability
3. To uncover questionable practices
The option "To elect new bank leadership" is not a reason for the Fed's examinations of banks.