Free CRCM Exam Braindumps (page: 113)

Page 113 of 344

Regulation B defines "elderly" as having attained an age of how many years?

  1. 55
  2. 59½
  3. 62
  4. 70½

Answer(s): C



When helping a loan officer determine whether the bank must give a written adverseaction notice to a business loan applicant, what should the compliance officer consider?

  1. Current net income
  2. Gross revenue for the preceding year
  3. Length of time the applicant has been in business
  4. Type of business entity (that is, corporation, partnership, or sole proprietorship)

Answer(s): B



When helping a loan officer determine whether the bank must give a written adverseaction notice to a business loan applicant, what should the compliance officer consider?

  1. Current net income
  2. Gross revenue for the preceding year
  3. Length of time the applicant has been in business
  4. Type of business entity (that is, corporation, partnership, or sole proprietorship)

Answer(s): B



When helping a loan officer determine whether the bank must give a written adverseaction notice to a business loan applicant, what should the compliance officer consider?

  1. Current net income
  2. Gross revenue for the preceding year
  3. Length of time the applicant has been in business
  4. Type of business entity (that is, corporation, partnership, or sole proprietorship)

Answer(s): B



Page 113 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
upvote

Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
upvote

Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote