When an Individual Has Immediate Access to Their Funds from an Account

question 68

Multiple Choice

When an individual has immediate access to their funds from an account with a financial intermediary,the intermediary is engaging in:

• A) asset transformation.
• B) liability management.
• C) liquidity management.
• D) credit transformation.

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Definitions:

Collaboration

It describes the act of working together with one or more people in order to achieve a common goal, task, or project.

Reinforcement Theory

A psychological concept suggesting that behavior is shaped and conditioned by its consequences, with positive outcomes reinforcing the behavior and increasing its likelihood of recurrence.

Positive Consequences

Favorable outcomes or benefits that result from a specific behavior or action, often reinforcing the behavior.

Theoretical Frameworks

Structures of concepts, assumptions, and their relations, used to support or guide research, providing a comprehensive understanding of a phenomenon.