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Which of the following statements most accurately describes the task of bank asset management? Question content area bottom Part 1 A . Banks seek to
Which of the following statements most accurately describes the task of bank asset management?
Question content area bottom
Part
A
Banks seek to prevent bank failure at all cost; since a failed bank earns no profit, liquidity needs supersede the desire for profits.
B
Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
C
Banks seek to acquire funds in the least costly way.
D
Banks seek the highest returns possible subject to minimizing risk and making adequate provisions for liquidity.
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