Examlex

Solved

Which of the Following Statements Concerning Remote Disbursement and Controlled

question 351

Multiple Choice

Which of the following statements concerning remote disbursement and controlled disbursement is correct?


Definitions:

Intermediaries

Entities or people who act as a middleman or agent between two parties in a financial transaction or negotiation.

Financial Intermediary

An institution that acts as a middleman between savers and borrowers, such as a bank or investment firm.

Fund Manager

An individual responsible for making investment decisions for a portfolio of securities, implementing investment strategies for a mutual fund or institutional investor.

Shareholders

Individuals or entities that own shares in a corporation and therefore have an ownership interest in the company.

Related Questions