Podcast
Questions and Answers
Which of the following is NOT a characteristic of financial assets?
Which of the following is NOT a characteristic of financial assets?
- Cannot be depreciated
- Provide a continuing stream of services to their owners (correct)
- Serve as a store of value (purchasing power)
- Promise future returns to their owners
Which type of financial asset represents ownership shares in a business firm?
Which type of financial asset represents ownership shares in a business firm?
- Derivatives
- Money
- Equities (stocks) (correct)
- Debt securities
Which of the following is a characteristic of non-negotiable debt securities?
Which of the following is a characteristic of non-negotiable debt securities?
- Entitle holders to a priority claim over equities
- Easily transferred from holder to holder
- Cannot legally be transferred to another party (correct)
- Closely linked to other financial assets
Which of the following is the NEWEST kind of financial instrument?
Which of the following is the NEWEST kind of financial instrument?
Which of the following financial assets entitles its holders to a priority claim over the holders of equities?
Which of the following financial assets entitles its holders to a priority claim over the holders of equities?
Which of the following is a characteristic of financial assets?
Which of the following is a characteristic of financial assets?
What is the primary reason people accept money?
What is the primary reason people accept money?
What determines the most advantageous supplier of financial services in smaller cities and rural communities?
What determines the most advantageous supplier of financial services in smaller cities and rural communities?
Which of the following is NOT a characteristic of a perfect liquid asset?
Which of the following is NOT a characteristic of a perfect liquid asset?
What will be a key factor for the future success of financial-service firms?
What will be a key factor for the future success of financial-service firms?
Which of the following financial institutions will have a competitive advantage according to the text?
Which of the following financial institutions will have a competitive advantage according to the text?
What is the role of the rule of interest in a financial system?
What is the role of the rule of interest in a financial system?
What is mentioned as one of the newer financial instruments or services with good prospects for rapid development?
What is mentioned as one of the newer financial instruments or services with good prospects for rapid development?
What happens to the purchasing power of money during inflation?
What happens to the purchasing power of money during inflation?
According to the passage, what is one of the reasons for the potential growth of small business loans?
According to the passage, what is one of the reasons for the potential growth of small business loans?
Which statement is true about financial systems?
Which statement is true about financial systems?
What is deflation?
What is deflation?
What is NOT mentioned as one of the newer financial instruments or services with good prospects for rapid development?
What is NOT mentioned as one of the newer financial instruments or services with good prospects for rapid development?
What is one way smaller financial-service companies can compete effectively against financial-service giants?
What is one way smaller financial-service companies can compete effectively against financial-service giants?
In the context of the text, what does the Single Regulator Model imply?
In the context of the text, what does the Single Regulator Model imply?
How might the future marketplace depend on the world's payments system?
How might the future marketplace depend on the world's payments system?
What role does outsourcing play in the competitiveness of smaller financial companies?
What role does outsourcing play in the competitiveness of smaller financial companies?
How does the Subsidiary Organizational Form differ from the Financial Holding Company Organizational Form?
How does the Subsidiary Organizational Form differ from the Financial Holding Company Organizational Form?
Why is the ability of the world's payments system to function efficiently crucial for tomorrow's marketplace?
Why is the ability of the world's payments system to function efficiently crucial for tomorrow's marketplace?
What type of information will financial institutions be expected to disclose more completely in the future?
What type of information will financial institutions be expected to disclose more completely in the future?
What is the principal cause of the proliferation of privacy legislation mentioned in the text?
What is the principal cause of the proliferation of privacy legislation mentioned in the text?
Which act requires increased public disclosure of deposit terms and withdrawal penalties?
Which act requires increased public disclosure of deposit terms and withdrawal penalties?
What do consumers frequently lose access to due to identity theft according to the text?
What do consumers frequently lose access to due to identity theft according to the text?
What aspect of the financial-service industry will face increasing regulatory scrutiny according to the text?
What aspect of the financial-service industry will face increasing regulatory scrutiny according to the text?
What will financial institutions be expected to promote through increased disclosure according to the text?
What will financial institutions be expected to promote through increased disclosure according to the text?
