ACI
3I0-012 · Question #300
Which of the following is not the responsibility of the asset and liability committee (ALCO)?
The correct answer is C. develop, evaluate, monitor and approve strategies related to risk due to imbalances in the asset and liability. See the full explanation below for the reasoning.
Question
Which of the following is not the responsibility of the asset and liability committee (ALCO)?
Options
- Aensure that compliance is carried out efficiently
- Bset limits on borrowing in the short-term markets to fund long-term lending
- Cdevelop, evaluate, monitor and approve strategies related to risk due to imbalances in the asset and liability
- Dreport to the board of directors
How the community answered
(35 responses)- A9% (3)
- B3% (1)
- C83% (29)
- D6% (2)
Community Discussion
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