American Bankers Association Exam CRCM Topic 7 Question 104 Discussion

Actual exam question for American Bankers Association's CRCM exam

Question #: 104
Topic #: 7

[All CRCM Questions]

A bank may include all of the following in the narrative portion of its financial disclosure except for one. Which of these pieces of information CANNOT be disclosed?

AInformation relating to mergers and acquisitions

BInformation related to a regulatory enforcement action that currently applies to the bank

CAn excerpt from the latest regulatory examination prepared by the bank's regulatory agency

DThe bank's future plans for product development

Show Suggested Answer

Suggested Answer: D

by Coral at Dec 06, 2024, 05:04 AM

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Angella

3 days ago

I disagree, I think it's C. An excerpt from the latest regulatory examination should not be disclosed.

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Justine

7 days ago

Hmm, I think the answer is C. Disclosing an excerpt from the latest regulatory examination would be a big no-no. Can't let the public see what the regulators really think, am I right?

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Alyce

9 days ago

I agree with Kenia, the bank's future plans for product development should not be disclosed.

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Kenia

16 days ago

I think the answer is D.

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