answersLogoWhite

0


Best Answer

The main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team is: The duties of a bank audit department cannot audit the ederal Reserve Bank examination team but the duties of a Federal Reserve Bank examination team can audit the bank audit department.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the main difference between the duties of a bank audit department and the duties of a Federal Reserve Bank examination team?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What can the Federal Reserve NOT do?

The Federal Reserve cannot mint coins or print currency, which are functions of the Treasury Department. The Treasury Department is administered by the Secretary of the Treasury, whom is appointed by the President.


Which of the following government agencies is responsible for managing the money supply in the united states?

The federal reserve bank


Is it true that the Federal Reserve sets the poverty threshold?

I believe the US Department of Health and Human Services determines this (in the US). The Federal Reserve is a completely different institution.


What government agency conducts monetary policy in the United States?

The Federal Reserve is responsible for managing the money supply in the U.S.


What was the singular achievement of the Federal Reserve Act?

Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.


When was the federal reserve established?

The Federal Reserve was created in 1913


How many federal reserve districts did the Federal Reserve Act divide the US into?

There are twelve Federal Reserve districts in the U.S.


What law was passed by congress to prevent financial panic?

The Federal Reserve Act...Apex:)


What is federal reserve system for?

what is one of examiner jobs at the federal reserve


Where was the federal reserve formed?

Who or what group of individuals formed the Federal Reserve


Where is money sent after its made?

When money is minted, the first place it goes is the Federal Reserve. The Federal Reserve is like the ultimate lender. All banks get their money from the Federal Reserve.


Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?

Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?