Which of the Following Is NOT a Key Financial Service

question 64

Multiple Choice

Which of the following is NOT a key financial service provided by the financial system?

• A) risk sharing
• B) profitability
• C) liquidity
• D) information

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Definitions:

Retroactive Pessimism

The tendency to retrospectively view past events more negatively once an outcome is known, particularly if the outcome is undesirable.

Team Successes

these are accomplishments or achievements attained by a team as a result of its collective effort and cooperation.

Contract Acquisition

The process of obtaining a contract through various means such as negotiation, competitive bidding, or purchase in order to procure goods, services, or works.

Old-Timer Resistance

The reluctance or opposition often exhibited by long-standing members within an organization to changes or new ideas.