Unsponsored ADRs are created by a bank at the request of the foreign company that issues the underlying security.  True or   False?

Transaction exposure is the risk that a company's equities, assets, liabilities, or income will change in value as a result of exchange rate changes.  Select one: True False

Which of the following should be included as part of outstanding checks in preparing bank reconciliation? i. Undelivered checks; ii. Post-dated checks; iii. Stale checks a.i and ii b.i and iii c.ii and iii d.None of the above

Which of the following should a bank do if they wish to engage in both security rating and investment banking? Group of answer choices a. Restrict prepublication of analyst reports to research personnel only b. Base compensation for analysts on positive ratings of securities c. Place analysts in the supervisory organization under sales personnel d. All of the above