Which of the Following Financial Intermediaries Is Also Known as a Savings

question 29

Multiple Choice

Which of the following financial intermediaries is also known as a savings and loan association?

• A)Commercial bank
• B)Credit union
• C)Mutual fund
• D)Thrift institution
• E)Pension fund

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Definitions:

Flexible Budget

A budget that adjusts or scales according to the actual level of activity or volume of production, helping companies better manage costs and resources.

Patient-Visits

The number of encounters or visits made by patients to a healthcare provider or facility within a specified period.

Revenue And Spending Variances

Differences between the actual and budgeted amounts on both the revenue side and the expenditure side, indicating the financial performance over a certain period.

Customers Served

The number of customers that have been provided with products or services by a business during a specific time period.