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Questions and Answers
What is the main source of funds for businesses?
What is the main source of funds for businesses?
- Investment banks
- Banks (correct)
- Finance companies
- Financial institutions
Which financial institution primarily deals with the business sector and not with individuals?
Which financial institution primarily deals with the business sector and not with individuals?
- Superannuation funds
- Finance companies (correct)
- Banks
- Life insurance companies
Who supervises banks in Australia?
Who supervises banks in Australia?
- RBA (correct)
- APRA
- Superannuation funds
- Life insurance companies
Which non-bank financial intermediaries provide a lump sum payment in the event of death?
Which non-bank financial intermediaries provide a lump sum payment in the event of death?
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What type of loans do finance companies mainly specialize in providing?
What type of loans do finance companies mainly specialize in providing?
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What is the purpose of superannuation funds in Australia?
What is the purpose of superannuation funds in Australia?
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What is a unit trust primarily used for?
What is a unit trust primarily used for?
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What is the role of the Australian Securities Exchange (ASX)?
What is the role of the Australian Securities Exchange (ASX)?
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What tax rate do private and public companies have to pay?
What tax rate do private and public companies have to pay?
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What is ASIC's role in the context of businesses?
What is ASIC's role in the context of businesses?
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How can the government influence business financial management decision making?
How can the government influence business financial management decision making?
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What happens to contributions made to employees' retirement funds?
What happens to contributions made to employees' retirement funds?
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