banks, savings and loan associations, mutual savings banks, and credit unions group of answer choices a. are no longer important players in financial intermediation. b. have been providing services only to small depositors since deregulation. c. have been adept at innovating in response to changes in the regulatory environment. all of the above. only a and c of the above.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 4CYBK
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banks, savings and loan associations, mutual savings banks, and credit unions group of answer choices a. are no longer important players in financial intermediation. b. have been providing services only to small depositors since deregulation. c. have been adept at innovating in response to changes in the regulatory environment. all of the above. only a and c of the above.
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