How Have the Innovations of Global Financial Networks and Computerized

question 110

Multiple Choice

How have the innovations of global financial networks and computerized money and information transfer systems changed financial intermediation?

• A)Financial intermediation has become riskier because it is more difficult to stay informed about worldwide events.
• B)Financial intermediation has become more costly because it is necessary to invest in high cost technology.
• C)Financial intermediation has been unaffected.
• D)Financial intermediation has become more costly as global firms exploit economies of scale and scope.
• E)Financial intermediation has become less risky as firms become adept at maintaining zero gap positions.

Identify different types of estates in land and their characteristics.

Analyze the implications of land rights, including right of way, on property ownership.

Discuss the legal issues surrounding fixtures in real estate.

Examine the process and legal requirements in both the Registry System and Land Titles System in Canada.

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Definitions:

Tax Provision

An amount recorded in advance for expected future tax payments due to governmental regulations and business operations.

Interperiod Tax Allocation

The practice of distributing income tax expenses over different accounting periods to match taxes with the revenues they are associated with.

Book Income

The income reported by a company in its financial statements, differing from taxable income due to various adjustments.

Life Insurance Premiums

Regular payments made to an insurance company to maintain a life insurance policy.