Understanding the World of Business Finance

Understanding the World of Business Finance

By Mikhaela Allen

Multiple Choice

What is a Function of Commercial Bank?

• Governments Bank

• Give people Money

• provide a safe place for holding money

• To Ensure that money coming into a country is stable

Multiple Choice

What is a function of a Financial institution?

• To trade goods and services

• To Change lives

• To provide various insurance options

• To provide various Payment options

Multiple Choice

What is a credit union

• A government organization

• A financial cooperative owned by its members

• A financial institution that provides money transmission services to its customers.

• A corporate body that is recognized by law as separate entities from the people that owns them.