Select one: Regulation encourages fair competition in the industry Regulation ensure that banks reduce their liabilities risk and protect customers’ deposit Supervision and monitoring the practices of banks ensure good corporate governance Regulation will make public less confident with financial system
Select one: Regulation encourages fair competition in the industry Regulation ensure that banks reduce their liabilities risk and protect customers’ deposit Supervision and monitoring the practices of banks ensure good corporate governance Regulation will make public less confident with financial system
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter2: The Auditor’s Responsibilities Regarding Fraud And Mechanisms To Address Fraud: Regulation And Corporate Governance
Section: Chapter Questions
Problem 7CYBK
Related questions
Question
19 Which one is NOT the reason to regulate financial system?
Select one:
Regulation encourages fair competition in the industry
Regulation ensure that banks reduce their liabilities risk and protect customers’ deposit
Supervision and monitoring the practices of banks ensure good corporate governance
Regulation will make public less confident with financial system
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