【正确答案】
A
【答案解析】[解析] 21-23
Banks sometimes get into trouble despite the good intentions of bank management and file efforts of bank supervision, h is useful to have a look into why this happens.
Serious deterioration in a bank"s financial condition often results from inadequate supervision of the bank by the board of directors and senior management. Studies have consistently shown that problem and failed banks lack comprehensive policies and procedures limiting risk taking and guiding bank loan officers in developing and maintaining a sound loan portfolio.
These failures may be attributed to the bank"s board of directors because it is the board"s responsibility to ensure that the bank"s management is capable and of the highest integrity. The board must also work with management in developing a strategic plan that defines the bank"s business goals and its programs tor achieving these goals. Significant departures from such financial plans may point to emerging problems that should not be allowed to get out of hand. When the board of directors fails to meet these responsibilities, the bank is very likely to run into serious problems.
21. Which of the following is the best title for the passage?