Which of the following is true of financial services provided by persons working in banks, insurance companies, and brokerage firms?
A) Persons working in banks, insurance companies, and brokerage firms help investors achieve the highest earnings per share.
B) Persons working in banks, insurance companies, and brokerage firms help individuals and companies determine how to invest money to achieve their financial goals.
C) Persons working in banks, insurance companies, and brokerage firms help corporations fulfil the regulations required by the Sarbanes-Oxley Act.
D) Persons working in banks, insurance companies, and brokerage firms help public corporations follow environment-friendly practices.
E) Persons working in banks, insurance companies, and brokerage firms help corporations make decisions concerning their cash flows, including both inflows and outflows.

Question

Quizplus · Accepted Answer

Persons working in banks, insurance companies, and brokerage firms help individuals and companies determine how to invest money to achieve their financial goals. They also provide other financial services such as loans, credit, and financial planning. Option A, C, D, and E are not necessarily true of financial services provided by persons working in banks, insurance companies, and brokerage firms.

Which of the Following Is True of Financial Services Provided