Which of the following is true of financial institutions?
A) Financial institutions are the regulators of interest rates and other returns in financial markets.
B) Financial institutions require an understanding of factors that cause interest rates and other returns in the financial markets to rise and fall.
C) Financial institutions are accountable and responsible in reporting financial information for publicly traded corporations.
D) Financial institutions are required by the Sarbanes-Oxley Act to disclose the environment-friendly measures taken by investment corporations.
E) Financial institutions require public corporations to adopt socially responsible work practices.

Question

Quizplus · Accepted Answer

Financial institutions require an understanding of factors that cause interest rates and other returns in the financial markets to rise and fall. They do not regulate interest rates, report financial information for publicly traded corporations, disclose environment-friendly measures taken by investment corporations or require public corporations to adopt socially responsible work practices.

Which of the Following Is True of Financial Institutions