One Reason Financial Systems in Developing and Transition Countries Are

question 51

Multiple Choice

One reason financial systems in developing and transition countries are underdeveloped is

• A)they have weak links to their governments.
• B)they make loans only to nonprofit entities.
• C)the legal system may be poor making it difficult to enforce restrictive covenants.
• D)the accounting standards are too stringent for the banks to meet.

---

Definitions:

AC To DC

Refers to the conversion of alternating current (AC) electricity into direct current (DC) electricity, a common necessity for powering electronic devices.

Power Supply

A component that provides the necessary electrical power to operate a device, converting mains AC to low-voltage regulated DC power for the internal components of a computer.

Expansion Slots

Slots on a motherboard that allow for the addition of expansion cards to provide additional functionality, such as video processing or additional ports.

Memory

The part of a computer that temporarily stores applications, user documents, and system operating information.