Mr. Chan is the Research Director of SSOB Bank. He has submitted his IFE 2 days before the deadline in consideration of the time allotted to do the review before the presentation to the Board. In the IFE, Mr. Chan has enumerated the factors that are critical to the banking industry. Which of the following statements is correct?     The IFE was done correctly, thus it should be used by the Management.     What was done is an EFE instead of an IFE.     The IFE is faulty.     Mr. Chan made use of internal factors; thus, the IFE is correct.     All choices are incorrect

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Mr. Chan is the Research Director of SSOB Bank. He has submitted his IFE 2 days before the deadline in consideration of the time allotted to do the review before the presentation to the Board. In the IFE, Mr. Chan has enumerated the factors that are critical to the banking industry. Which of the following statements is correct?

   

The IFE was done correctly, thus it should be used by the Management.

   

What was done is an EFE instead of an IFE.

   

The IFE is faulty.

   

Mr. Chan made use of internal factors; thus, the IFE is correct.

   

All choices are incorrect

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