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NEW QUESTION: 1
Basel II aims to improve the security and long-term viability of the financial system by focusing on bank's ____________
A. None of these
B. Marketing discipline
C. Internal control System
D. Supervisory discipline
Answer: A
NEW QUESTION: 2
To get an explanation or interpretation of something on the financial statements, or to consult
working papers for
details that augment the financial
statements,
it may be necessary to interview the company's outside independent accountant. This is most often the case when:
A. The financial statements are not audited
B. Not completely footnoted
C. Contain some kind of unqualified opinion by the independent accountant
D. Contain some kind of unqualified opinion by the attorney and banker
Answer: A,B
NEW QUESTION: 3
Answer:
Explanation: