Which of the Following Groups Is Not Among Financial Intermediaries

question 86

Multiple Choice

Which of the following groups is not among financial intermediaries?

• A) Mutual fund managers.
• B) Financial analysts.
• C) CPAs.
• D) Credit rating organizations.

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Definitions:

Fair Value

The estimated market value of an asset or liability based on current prices in an open and competitive market.

Equity Securities

Financial instruments that represent ownership in a company, such as stocks, entitling holders to dividends and capital gains.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Debt Securities

Financial instruments representing money borrowed that must be repaid, often with interest, including bonds, bills, and notes.