Which of the Following Statements Best Completes the Following Statement

question 53

Multiple Choice

Which of the following statements best completes the following statement: "Over the past 40 years, the percentage(s) of assets for all financial intermediaries…"?

• A) controlled by banks has decreased as has the percentage for mutual funds while insurance companies have increased their percentage.
• B) controlled by insurance companies and mutual funds has decreased and the percentage controlled by banks has increased.
• C) controlled by banks and insurance companies has decreased while the percentage controlled by mutual funds and pensions has increased.
• D) controlled by banks, insurance companies, mutual funds and pensions have all increased.

---

Definitions:

Manufacturing Cycle Efficiency

A measure of the efficiency of the production process, calculated as value-added time divided by the total cycle time.

Value-added Time

The period during which a product or service is being modified or enhanced to increase its value to the customer.

Residual Income

Residual income is the amount of income that an individual or business has after all personal debts and expenses, including a mortgage, have been paid.

Divisions

Distinct business units or sections within a company, each responsible for certain aspects of the organization's operations.