首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Banking organizations are highly geared, much more than commercial or industrial companies. They have custody of large volume of
Banking organizations are highly geared, much more than commercial or industrial companies. They have custody of large volume of
admin
2012-01-26
30
问题
Banking organizations are highly geared, much more than commercial or industrial companies. They have custody of large volume of monetary items, which makes them vulnerable to misappropriation and fraud. They therefore need to establish formal operating procedures, well defined limits for individual discretion rigorous system of internal control. Banking organizations engage in a large volume and variety of transactions. This necessarily requires complex accounting and internal control system and widespread use of electronic data processing. Banking organizations often assume significant commitments without any transfer of funds. These items may not involve accounting entries and consequently the failure to record such items may be difficult to detect. And most importantly, the failure of a bank, unlike most commercial firms, affects more than the fortunes of its shareholders and creditors, and may destabilize the whole economy.
Effective supervision of banking organizations is an essential component of a strong economic environment in that the banking system plays a central role in making payments and mobilizing and distributing savings. Strong and effective banking supervision provides a public good that may not be readily available in the marketplace. Along with effective macroeconomic policy, it is critical financial stability in any country. While the cost of banking supervision is indeed high, the cost of poor supervision has proved to be even higher.
For all these reasons, banks throughout the world are generally accorded a higher degree of official, supervision and regulation than other types of businesses. At the same time, banks are also provided with important elements of official protection. For example, the central bank usually acts as a lender of last resort to protect commercial banks against a temporary liquidity drain. This protection is an important component of the official safety net bank stopping the banking system. Another major aspect of that safety net takes the form of deposit insurance fund to guarantee bank depositors that they will get their money back in the event of a bank failure.
Which of the following requirements is NOT mentioned in successfully dealing with large volume and variety of transactions?
选项
A、A large number of skillful staff and expertise.
B、Effective internal control system.
C、Complex accounting system.
D、Widespread use of electronic data processing.
答案
A
解析
文章第一段提到complex accounting, internal control system, electronic data processing。所以A选项是文中没有提到的。
转载请注明原文地址:https://jikaoti.com/ti/JvjsFFFM
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
Onceuponatime,agreatboxer,TickBlack,toarestaurant【C1】______dinner.Hetookoffhiscoatand【C2】______itatthedoor.
Peopleliketothinkthatlifewasbetterinthepast.Theairwascleaner,thewaterwasclearer,people【C1】______friendlier,l
Thetwins______Americangirls.Theyarein______class.
TheCapitalAirportisthelargestoneinChina.TheCapitalAirportis______anyotherairportinChina.
SharonSuarezhasbeenlookingforwardtothedaywhenshewon’thavetocarrygroceries(食品杂货)fromhercartoherhouse.Thatd
Ellenlefthomeearlyyesterdaybecauseatnineo’clockshewasgoingtostartworkatacompanyinthecity.Shewasonlyeigh
Hehastolearntousechopsticks,______hemarriedaChinesewife.
Basicaccountingassumptionsincludethefollowingexcept______.
Internationalpaymentsandothermessagesareoftensentthroughaninternationalcomputernetworkcalled______.
A、veryusefulandconvenientB、uselessC、awasteofmoneyD、notpopularA综合整个录音原文容易推出:信用卡非常有用而且很方便。
随机试题
自诉案件
阅读《箱子岩》中的两段文字,然后回答问题。……那一天正是五月十五,河中人过大端阳节。箱子岩洞窟中最美丽的三只龙船,早被乡下人拖出浮在水面上。船只狭而长,船舷描绘有朱红线条,全船坐满了青年桨手,头腰各缠红布。鼓声起处,船便如一支没羽箭,在
关于宫颈粘液-精液相合试验不正确的是
母猪群,高热稽留,腹泻,呼吸困难,耳部及腹下皮肤有较大面积发绀,部分孕猪发生流产、死胎,取淋巴结染色镜检,发现香蕉形虫体。治疗该病的有效药物是
A.温中回阳、散寒止痛B.温中回阳、温肺化饮C.散寒止痛、理气和胃D.散寒止痛、疏肝下气E.散寒止痛、补火助阳
在仲裁程序中,一方当事人因另一方当事人的行为或者其他原因,可能使裁决不能执行或者难以执行的,可以申请采取财产保全措施。申请财产保全的正确程序是什么?()
关于财务评价的说法正确的是()。
下列关于雅尔塔体系说法正确的是()。
公平理论【华东师范大学2018】
Oneofthe【C1】______beautifulsightsinthebirdworldisthemalepeafowl,orpeacock,strutting(炫耀)proudly【C2】______with
最新回复
(
0
)