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Exam CRCM topic 1 question 300 discussion

Actual exam question from ABA's CRCM
Question #: 300
Topic #: 1
[All CRCM Questions]

Which of the following sources is the least desirable to use when monitoring a correspondent bank's capital?

  • A. A national rating agency's report on the correspondent bank
  • B. The correspondent bank's own call report
  • C. The correspondent bank's annual report to shareholders
  • D. A national newspaper's story on the correspondent bank's financial condition
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Suggested Answer: D 🗳️

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Cam22
4 months ago
Selected Answer: D
D is correct
upvoted 1 times
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