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
2013-12-25
55
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.
A high degree of official supervision and regulation on bank organizations are important because
选项
A、The governments of many countries want to control banks
B、There are too many troubles in banking sector
C、It is crucial to stabilize the financial sector and the whole economy
D、The banks make much more deposit insurance fund
答案
C
解析
文章第二段开关提到Effective supervision of banking organizations…in making paymentsand mobilizing and distributing savings.银行在发放资金和资金存储上起着至关重要的作用。只有选项C与此意相同。
转载请注明原文地址:https://kaotiyun.com/show/61id777K
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
JackhisJoblastweek.Itwasdifficultforhimtofindanother【C1】______.【C2】______toldhimthatitwaspossibletogetanew
A、Thesupermarketistoocrowded.B、Therearemanysupermarketshere.C、Look,justoverthere.C
We’veallhadworkanddothingsthatwedidnotenjoy.Usually,somepeoplewouldtellustobe【C1】______enthusiastic(热情的)."Yo
In1870srichpeoplebegantospeakofspendingweekendsinthecountryvisitingfriends.Formostpeoplebackthen,however,th
Healwaysexpectsthatwecantellhiminterestingstories.Healwaysexpectsus______himinterestingstories.
In1870srichpeoplebegantospeakofspendingweekendsinthecountryvisitingfriends.Formostpeoplebackthen,however,th
A、Bycar.B、Forsomeinformationabouttravel.C、InNewYork.B
Mostoflifeishabitual.Youdothe【C1】______thingsyoudidyesterday,thedaybeforeandever-ydayforthelastmonth.Habit
Althoughoneaccountantmistakestowritedownacreditsaleasacashsale,thefigureonthedebitsideofthetrialbalancei
Aconsumerwithanunusedlineofcreditonhisorhercreditcardaccountmaymakeretailpurchasewithoutpresentingademand
随机试题
诊断为:选择用何方为妥:
在我国加入世界贸易组织、农业科技迅猛发展的形势下,农业面临的竞争首先是科技竞争。只有尽快提高农民的文化素质和科技意识,才能不断推广大批先进实用的农业科技成果,为农业和农村经济的发展提供有力的科技支撑。我国将继续推进农业和农村经济结构调整,大力发展优势农产品
申请期货公司独立董事的任职资格,应当具有从事期货、证券等金融业务或者法律、会计业务()以上经验,或者具有相关学科教学、研究的高级职称。
市场最小值Q0与市场潜量Q1之间的距离即Q1~Q0,表示需求的市场营销灵敏度,可以表示为行业市场营销对市场需求的影响力。
第二次咨询:2016年3月2日求助者此次咨询比约定的时间晚到15分钟。求助者:您好!实在抱歉,我迟到了。心理咨询师:能跟我简单说说您迟到的原因吗?求助者:(沉默)我来的路上突然想到您给我留的作业没完成,怕没法进行今天
关于德育规律的描述,以下说法错误的是()。
—CanyoulendmethebookAGentlemaninMoscow"!—Sorry,Ireturnedittothelibraryyesterday.Maybeitisstill________.
某高校大学生数学建模竞赛协会共有240名会员,今欲调查参加过国家级竞赛和省级竞赛的会员人数,发现每个会员至少参加过一个级别的竞赛。调查结果显示:有的会员参加过国家级竞赛,有的会员两个级别的竞赛都参加过。问参加过省级竞赛的会员人数是()。
HowlongdidEmilyDickinsonliveinthehousewhereshewasborn?
Withthesuccessofexperimentsonvaccineagainstsomeformsofcancer,theresearchgrouphasbeenitselfupforthefurtheran
最新回复
(
0
)