Answer if true/false and give a valid explanation.

1. Base your answer to the following question on this document. https://www.federalreserve.gov/newsevents/press/bcreg/bcreg20160629al.pdf The Federal Reserves annual CCAR is an intensive assessment of the capital adequacy and capital planning processes of hedge funds and mutual funds.

a. True/False

2. Base your answer to the following question on this document. https://www.federalreserve.gov/newsevents/press/bcreg/bcreg20160629al.pdf The Federal Reserve considers bank capital essential to a bank holding companys ability to absorb losses and continue operations and to lend to businesses and consumers.

a. True/False

3. Base your answer to the following question on this document. https://www.federalreserve.gov/newsevents/press/bcreg/bcreg20160629al.pdf The Federal Reserve objected to the capital plans of Citigroup Inc. and Wells Fargo & Co. based on the qualitative assessments conducted by the Federal Reserve in CCAR 2016.

a. True/False

4. The objective of liquidity risk management is to ensure that a financial institution has the continuing ability to maintain cash flows that are adequate to fund operations and meet its other obligations on a timely and cost-effective basis in various market conditions.

a. True/False