Which of the Following Is Not a Function of a Depository

question 166

Multiple Choice

Which of the following is not a function of a depository institution?

• A)serving as a financial intermediary
• B)providing expertise on loans
• C)acting as a stockbroker
• D)reducing the risk of savers
• E)linking savers and borrowers

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Definitions:

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Payroll Deduction

A system where an employer withholds part of an employee's wage or salary for various purposes, such as taxes, benefits, or retirement savings.

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