Which of the Following Statements Is FALSE

question 72

Multiple Choice

Which of the following statements is FALSE?

• A)A financial intermediary specializes in the production of information.
• B)A financial intermediary reduces its risk exposure by pooling its assets.
• C)A financial intermediary benefits society by providing a mechanism for payments.
• D)A financial intermediary may act as a broker to bring together funds deficit and funds surplus units.
• E)A financial intermediary acts as a lender of last resort.

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Definitions:

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Antidote For Anxiety

Strategies, practices, or medications used to alleviate, manage, or cure anxiety and its symptoms.

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The process of getting ready for an event or activity by making plans or arrangements.