Which of the following is true of financial institutions??
A. ?Financial institutions are the regulators of interest rates and other returns in financial markets.
B. ?Financial institutions require an understanding of factors that cause interest rates and other returns in the financial markets to rise and fall.
C. ?Financial institutions are accountable and responsible in reporting financial information for publicly traded corporations.
D. ?Financial institutions are required by the Sarbanes-Oxley Act to disclose the environment-friendly measures taken by investment corporations.
E. ?Financial institutions require public corporations to adopt socially responsible work practices.
Answer: B
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a. True b. False Indicate whether the statement is true or false
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A) pure competition B) monopolistic competition C) oligopolistic competition D) a pure monopoly E) a pure monopsony
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