________ intermediation means that small investors can pool their funds with other investors to purchase high face value securities

A) Liquidity
B) Financial
C) Denomination
D) Share


C

Business

You might also like to view...

[APPENDIX] Deferred income taxes is a balance sheet item for Iowa Products Company. How would it most likely be classified on the balance sheet?

a. Owners' equity b. Long-term liability c. Expense d. Contra liability

Business

When the market rate of interest is greater than the contract rate of interest, the bonds should sell at

A) a premium. B) par value. C) a discount. D) face value.

Business

Identify to indicate whether each procedure is a preventive or detective control

a. authorizing a credit sale Preventive Detective b. preparing a bank reconciliation Preventive Detective c. locking the warehouse Preventive Detective d. preparing a trial balance Preventive Detective e. counting inventory Preventive Detective

Business

Organizational culture has little impact on the type, amount, or quality of communication in an organization

Indicate whether the statement is true or false

Business