Which of the Following Statements Is Most Correct

question 53

Multiple Choice

Which of the following statements is most correct?

• A) All banks are financial intermediaries, but not all financial intermediaries are banks.
• B) Financial intermediaries must be public corporations.
• C) All financial intermediaries are insurance companies.
• D) Financial intermediaries are government agencies.

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Definitions:

Self-efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.

Skill Level

The degree of competence or proficiency one possesses in a particular activity or domain.

Beliefs

Convictions or acceptances that something is true without the need for proof or evidence.

Intelligence

The cognitive ability of an individual to learn from experience, solve problems, and use knowledge to adapt to new situations.