The primary purpose of a strategic market plan is to create a set of performance objectives and to guide the development of marketing mix strategies
Indicate whether the statement is true or false
TRUE
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The function of adequate bank capital for a commercial bank is to:
a. meet bank reserve requirements b. provide funds for real estate loans c. provide a cushion against credit risk and interest rate risk d. support the purchase of bank buildings and equipment
In which of the following cases is a bank obliged to file a Currency Transaction Report (CTR) with the Internal Revenue Service?
A) The bank receives instructions from a customer to certify an ordinary check worth $10,000 issued in a foreigner's name. B) The bank receives an ordinary check worth $13,000 payable to a customer's checking account. C) A customer deposits $20,000 through a cashier's check in his checking account. D) A customer issues stop-payment instructions on a check worth $15,000 issued to a payee.