FIs Perform Their Intermediary Function in Two Ways

question 67

Multiple Choice

FIs perform their intermediary function in two ways:

• A) They specialise as brokers between savers and users.
• B) They serve as asset transformers by purchasing primary securities and issuing secondary securities.
• C) They serve as asset transformers by purchasing secondary securities and issuing primary securities.
• D) They specialise as brokers between savers and users and they serve as asset transformers by purchasing primary securities and issuing secondary securities.

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Definitions:

Delta

A term commonly used in finance and engineering representing change or difference, often indicating a variable change rate or difference in measurements.

Work Centres

Designated areas or locations within a manufacturing facility where a specific production activity or group of activities are performed, often housing specific equipment or resources.

Critical Ratio

A measure used in inventory management and scheduling, comparing the remaining time until a deadline to the remaining work, to prioritize tasks.

Dispatching Rule

Guidelines or criteria used in scheduling to determine which job should be processed next by a resource.