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

Quiz for Business Finance #1

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Education
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Professional Development
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Hard
Val Coruña
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
life insurance company
commercial bank
savings bank
credit union
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not a financial institution?
A pension fund
A newspaper publisher
A commercial bank
An insurance company
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a set up so that employees of corporations or governments can receive income after retirement.
life insurance company
Pension fund
Savings bank
credit union
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
Commercial banks
Savings and loans
Credit Union
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most businesses raise money by selling their securities in a.
direct placement
public offering
stock exchange
private placement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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.
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