Company Account - Financial System: Definition - SS2 Accounting Past Questions and Answers - page 1
Which of the following is a part of the financial system?
Banks
Supermarkets
Hospitals
Parks
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What is the role of the financial system?
To transfer money and financial assets
To provide healthcare services
To manufacture goods
To provide transportation services
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Which of the following is an example of a financial intermediary?
Supermarkets
Insurance companies
Schools
Restaurants
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What is the function of the financial system?
To promote economic growth and stability
To provide healthcare services
To manufacture goods
To provide transportation services
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Which of the following is NOT a part of the financial system?
Banks
Stock exchanges
Bond markets
Supermarkets
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What are the main components of the financial system?
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What is the importance of the financial system in the economy?
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