Which of These Is NOT a Primary Role of Financial

question 189

Multiple Choice

Which of these is NOT a primary role of financial intermediaries in the market for funds?

• A) collecting taxes on financial transactions
• B) reducing transaction costs
• C) spreading risk
• D) reducing information costs

Recognize the effects of job stress and strategies for mitigation.

Identify and understand different types of workplace harassment and their implications.

Understand the psychological effects of unemployment and strategies for coping.

Recognize signs of job burnout and approaches for handling it.

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Definitions:

RRSP

Registered Retirement Savings Plan, a Canadian financial account for holding savings and investment assets, aimed at retirement.

Ordinary Annuity

An annuity that makes regular payments to the annuitant at the end of each payment period for a fixed period of time.

Compounded Quarterly

Interest calculation method where the interest is added to the principal amount every three months, leading to interest on interest in subsequent periods.

Account Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.