Which of the Following Is Not a Role of Financial

question 7

Multiple Choice

Which of the following is not a role of financial markets:

• A)matching borrowers and lenders.
• B)facilitation of business and trade.
• C)to increase the poverty gap.
• D)facilitation of savings by individuals to allow for future consumption.

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Definitions:

AASB 3

Refers to the Australian Accounting Standards Board's standard on Business Combinations, outlining requirements for the accounting treatment of mergers and acquisitions.

Measurement of NCI

The process of determining the value of non-controlling interests in a subsidiary, which are not owned by the parent company.

Date of Acquisition

The specific date on which control of assets and liabilities transfers from one entity to another in a business combination.

Investment

An investment refers to an asset or item acquired with the goal of generating income or appreciation in value over time.