1-54 Which of the Following Statements Is FALSE

question 56

Multiple Choice

1-54 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:

Control Limits

Statistical boundaries in quality control that indicate whether a process is operating within acceptable parameters.

Centerline

The centerline in statistical process control charts represents the process mean or average, around which all monitored values should ideally fluctuate within set control limits.

Delivery Men

Individuals who are responsible for transporting goods from one location to another, often employed by courier or food delivery services.

Proportion

The fraction or percentage that represents a part of a whole or any number of equal parts.