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Unlike most other businesses, a bank's balance sheet is made up mainly of: Select one: a. real assets and financial liabilities. b. financial assets and

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Unlike most other businesses, a bank's balance sheet is made up mainly of: Select one: a. real assets and financial liabilities. b. financial assets and financial liabilities. c. real assets and real liabilities. d. real liabilities and financial liabilities. A financially wise individual would prefer an investment earning - interest with frequency Select one: a. compound; high b. compound; low c. simple; low d. simple; high Which of the following are not authorised deposit-taking institutions (ADIs)? Select one: a. Credit unions b. Building societies O c. Finance companies d. Commercial banks Which of the following describes a function of bank and nonbank financial intermediaries? Select one: a. Transmit funds directly between lenders and borrowers. b. Issue claims on future cash flows of individual borrowers directly to lenders. c. Usually provide lenders with superior returns than other available through direct financing. d. Act as a third party by holding a portfolio of assets and issuing claims based on them to savers

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