1 Which of the following is least likely to be a financial intermediary? A. Finance companies 8, Mutual funds C. Pension funds D. Investment banks E. Savings banks 2 Which of the following do not have corporate stock ownership? A. Commercial banks B. Savings and loan associations C. Savings banks D. Credit uniong O All of the above 3. A financial institution that raises funds by issuing shares to the public and invests the proceeds in a diversified portfolo for a management fee is: A. Banks B. Pension FundyC)Mutual Funds D. Financn companies E. None of the above - 4. One of the following types of financial instruments derive their value from other instruments (underlying assets) A. Cash instruments B. Equity instruments O Derivative instruments D. Debt instruments

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 5MC: Which of the following is not one of the five primary responsibilities of the Securities and...
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1 Which of the following is least likely to be a financial intermediary?
A. Finance companies 8, Mutual funds C. Pension funds D. Investment banks E. Savings banks
2 Which of the following do not have corporate stock ownership?
A. Commercial banks B. Savings and loan associations C. Savings banks
D. Credit uniong O All of the above
3. A financial institution that raises funds by issuing shares to the public and invests the proceeds in a
diversified portfolo for a management fee is:
A. Banks B. Pension FundyC)Mutual Funds D. Financn companies E. None of the above
- 4. One of the following types of financial instruments derive their value from other instruments
(underlying assets)
A. Cash instruments
B. Equity instruments
O Derivative instruments
D. Debt instruments
Transcribed Image Text:1 Which of the following is least likely to be a financial intermediary? A. Finance companies 8, Mutual funds C. Pension funds D. Investment banks E. Savings banks 2 Which of the following do not have corporate stock ownership? A. Commercial banks B. Savings and loan associations C. Savings banks D. Credit uniong O All of the above 3. A financial institution that raises funds by issuing shares to the public and invests the proceeds in a diversified portfolo for a management fee is: A. Banks B. Pension FundyC)Mutual Funds D. Financn companies E. None of the above - 4. One of the following types of financial instruments derive their value from other instruments (underlying assets) A. Cash instruments B. Equity instruments O Derivative instruments D. Debt instruments
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ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College