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IIA-CFSA · Question #260

IIA-CFSA Question #260: Real Exam Question with Answer & Explanation

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Question

Selectively increasing the price of a mortgages loan above the bank's established rate to certain customers ("overages") may have the effect of discriminating against those customers .This practice left undetected and not properly controlled may raise the possibility of:

Options

  • AReputation risk
  • BPrice risk
  • Clitigation or regulatory action (compliance Risk)
  • DStrategic Risk

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