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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?

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Suggested Answer: D

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

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Barb
29 days ago
I'm just hoping I don't get audited after this exam. Then again, maybe I should ask the bank for a job, since they seem to be masters of keeping things under wraps!
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Willard
1 months ago
Ooh, this is a tough one. I'm feeling a bit mischievous, so I'm going to say A. Mergers and acquisitions? That's like the bank's version of celebrity gossip. Can't have that getting out, right?
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Noah
1 months ago
I'm feeling lucky, so I'm going to go with B. Regulatory enforcement actions? No way they'd want to spill the beans on that. It's like airing their dirty laundry in public.
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Layla
3 days ago
I agree with you. C sounds like something a bank wouldn't want to disclose.
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Ricki
12 days ago
I'm not so sure about that. I'm leaning towards C. The latest regulatory examination seems like sensitive information.
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Gladys
16 days ago
I think it's A. Mergers and acquisitions are usually disclosed in financial reports.
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Brittani
1 months ago
I'm going with D. The bank's future product development plans? That's probably sensitive information they wouldn't want to share. Gotta keep those juicy details under wraps.
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Tiara
3 days ago
A: Definitely. It's all about maintaining a strategic edge in the market.
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Berry
4 days ago
B: Yeah, I agree. It's important for the bank to keep certain information private to protect their competitive advantage.
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Gregg
9 days ago
A: I think you're right. The bank's future plans for product development should be kept confidential.
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Angella
2 months ago
I disagree, I think it's C. An excerpt from the latest regulatory examination should not be disclosed.
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Justine
2 months 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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Adrianna
19 days ago
So, we all think the answer is C then?
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Luke
1 months ago
Definitely, that kind of information should stay confidential.
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Andra
2 months ago
Yeah, I think it's important to keep regulatory examination details private.
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Beckie
2 months ago
I agree, C seems like the odd one out.
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Alyce
2 months ago
I agree with Kenia, the bank's future plans for product development should not be disclosed.
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Kenia
3 months ago
I think the answer is D.
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