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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 increase gross interest income To hide deficiencies To keep stock prices artificially high To reduce bank's gross interest expenses The subjectivity in accounting increases a bank's earnings and increases investors' trust in that bank's performance. True False
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