Which of the Following Is NOT One of the Eight

question 2

Multiple Choice

Which of the following is NOT one of the eight basic puzzles about financial structure?

• A)Stocks are the most important source of finance for American businesses.
• B)Issuing marketable securities is not the primary way businesses finance their operations.
• C)Indirect finance,which involves the activities of financial intermediaries,is many times more important than direct finance,in which businesses raise funds directly from lenders in financial markets.
• D)Banks are the most important source of external funds to finance businesses.

---

Definitions:

Gross Monthly Earnings

The total amount of income earned in a month before any deductions such as taxes or retirement contributions.

Commission Rates

The percentage or fixed fee that a salesperson receives as compensation for their sales contributions.

Sales Total

The aggregate amount from all sales transactions within a given period.

Account Receivable

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.