An area of finance that involves the study of organizations or intermediaries that help the financial system operate efficiently and transfer funds from savers and investors to individuals, businesses, and governments that seek to spend or invest the funds in physical assets (inventories, buildings, and equipment) is called:
A)financial management
B)investments
C)financial institutions
D)financial markets
E)none of the above

Question

Quizplus · Accepted Answer

Financial institutions are organizations or intermediaries that help transfer funds from savers and investors to spenders or borrowers. They include banks, credit unions, insurance companies, and other financial intermediaries. The study of these institutions is a key area of finance known as financial intermediation.

An Area of Finance That Involves the Study of Organizations