When a bank maintains an asset mix that can quickly be converted to cash, it is involved in: Select one: a. liability management b. asset management c. derivative management d. off-balance-sheet business Financial claims in a direct financing arrangement are: Select one: a. issued by central banks to commercial banks b. issued by a financial intermediary to DSUS c. issued by DSUs and purchased by SSUS d. issued by commercial banks to SSU What are the Basel Accords are designed to provide best practice guidelines to bank regulators on? Select one: a. Capital adequacy b. Lending practices c. Accounting standards d. Protection against fraudulent transactions For banks, liquidity is managed with liability management by: Select one: a. banks accessing liabilities, borrowed funds in particular b. banks ensuring they have sufficient funds by managing their deposit base c. managing the real assets, the bank buildings d. protecting the loans and other commitments by using derivatives