The existence of financial intermediaries greatly increases the efficiency of financial markets because, without them, savers would have to provide funds directly to borrowers, which would be a costlier process.
Answer the following statement true (T) or false (F)
True
Without financial intermediaries, savers would have to provide funds directly to borrowers, which would be a difficult task for those who do not possess such expertise; such loans as mortgages and automobile financing would be much more costly, so the financial markets would be much less efficient economically. See 3-4: Financial Intermediaries and Their Roles in Financial Markets
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Independence is the avoidance of all relationships that impair or appear to impair the objectivity of the accountant
Indicate whether the statement is true or false
Which of the following types of personal information should you consider including on your résumé?
A) Your favorite sports and hobbies B) A list of all courses you have completed relevant to the position you're applying for C) Your country of origin D) Your willingness to travel
Boxall and Purcell (2003) argue that ‘HRM includes anything and everything associated with the management of the ______ in the firm’.
a. people b. employees c. employment relationship d. strategy
State laws often significantly protect individuals' privacy rights.
Answer the following statement true (T) or false (F)