ExamTopics Logo
Mail Us[email protected]
Menu
Iia Discussions
exam questions

Exam IIA-CIA-Part3 All Questions

View all questions & answers for the IIA-CIA-Part3 exam
Go to Exam

Exam IIA-CIA-Part3 topic 1 question 9 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 9
Topic #: 1
[All IIA-CIA-Part3 Questions]

Which of the following activities most significantly increases the risk that a bank will make poor-quality loans to its customers?

  • A. Borrowers may not sign all required mortgage loan documentation.
  • B. Fees paid by the borrower at the time of the loan may not be deposited in a timely manner.
  • C. The bank's loan documentation may not meet the government's disclosure requirements.
  • D. Loan officers may override the lending criteria established by senior management.
Show Suggested Answer Hide Answer
Suggested Answer: D 🗳️
by 34205ac at Nov. 11, 2024, 2:16 p.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Mariecia
4 weeks, 1 day ago
Selected Answer: D
A refers to completeness, B refers to timeliness and C refers to compliance. If the objective is quality loans, D would be the most appropriate choice
upvoted 1 times
...
34205ac
2 months ago
Why D? please explain
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago