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NEW QUESTION: 1
Harvey Smith is a loan officer at First
National
Bank. Which of the following of Harvey's outside business interests may be considered to be a conflict of interest that should be disclosed to the bank?
A. His role as honorary chair of a fund drive for a local charitable organization
B. His ownership of 4,000 shares of stock in a local car dealership (the car dealership is not a bank customer)
C. His attendance at a party hosted by one of his customers where other financial institutions were represented
D. His wife's position as chair of the board of a local bank
Answer: D
NEW QUESTION: 2
A. Option A
B. Option D
C. Option B
D. Option C
Answer: B
Explanation:
NEW QUESTION: 3
What is the worth of a Function?
A. The current cost of performing it
B. The lowest cost at which it could be performed
C. Its relative importance
D. Its objective
Answer: B