bus-fin-multiple-choice

It is a financial intermediary handling individual savings. It receives premium payments placed in loans or investments to accumulate funds to cover future benefits.

• life insurance company

• savings bank

• commercial bank

• credit union

Which of the following is not a financial institution?

• pension funds

• A commercial bank

• A newspaper publisher

• An insurance company

It is a set up so that employees of corporations or governments can receive income after retirement.

• life insurance company

• savings bank

• pension fund

• credit union

It is a type of financial intermediary that pools savings of individuals and makes them available to business and government users. Funds obtained through the sale of shares.

• Mutual Funds

• Savings and loans

• Commercial banks

• Credit Union

Most businesses raise money by selling their securities in a __

• direct placement

• public offering

• stock exchange

• private placement

Which of the following is not a service provided by financial institutions?

• Buying the businesses of customers

• Investing customers' savings in stocks and bonds

• Paying savers' interest on deposit

• Lending money to customers

By definition, the money market involves the buying and selling of ___

• funds that mature in more than one year

• flows of funds

• stocks and bonds

• short-term funds

It creates financial relationship between suppliers and users of short-term funds.

• financial market

• stock market

• money market

• capital market

Firms that require funds from external sources can obtain them from

• financial markets

• financial institutions

• private placement

• All the above

The science and art of managing money.

• Financial Management

• Management

• Finance

• Personal Finance