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The three functions of a financial system are payments, financing and risk management. The payment function covers the: Group of answer choices transfer of funds

The three functions of a financial system are payments, financing and risk management. The payment function covers the:

Group of answer choices

transfer of funds from surplus units to deficit units.

transfer of funds from deficit units to surplus units.

transfer of funds for the purpose of making a financial transaction.

transfer of funds from one bank account to another bank account.

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