The Process of Indirect Finance Using Financial Intermediaries Is Called

question 120

Multiple Choice

The process of indirect finance using financial intermediaries is called

• A)direct lending.
• B)financial intermediation.
• C)resource allocation.
• D)financial liquidation.

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Definitions:

Collections

The process of recovering the amounts owed to a business by its debtors or the action of receiving payments.

Accounts Receivable Balance

The total amount of money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Raw Materials Inventory

Stocks of unprocessed goods or materials held by a company to be used in production.

Raw Materials Production Needs

The quantity and type of raw materials required to meet the production goals of a manufacturing entity.