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6. Reliance on the bank's financial information Which of the following are the reasons why some bank managers understate the expected level of loan losses?
6. Reliance on the bank's financial information Which of the following are the reasons why some bank managers understate the expected level of loan losses? Check all that apply. To raise the price of the bank's stock To hide deficiencies To raise managers' compensation To reduce bank's gross interest expenses The subjectivity in accounting reduces transparency and increases uncertainty in evaluation of a bank's performance. True False
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