Identify a true statement about the financial services provided by organizations.
A)Financial services organizations invest only in environmentally responsible public corporations.
B)Financial services include services provided by banks and insurance companies only.
C)Financial services organizations make investment decisions based solely on the socially responsible behavior of corporates.
D)Financial services organizations provide comparative cash flow positions of competing corporations to investors to help them with investment decisions.
E)Financial services organizations help individuals and companies determine how to invest money to achieve their financial goals.

Question

Identify a true statement about the financial services provided by organizations. 
A)Financial services organizations invest only in environmentally responsible public corporations.
B)Financial services include services provided by banks and insurance companies only.
C)Financial services organizations make investment decisions based solely on the socially responsible behavior of corporates.
D)Financial services organizations provide comparative cash flow positions of competing corporations to investors to help them with investment decisions.
E)Financial services organizations help individuals and companies determine how to invest money to achieve their financial goals.

Quizplus · Accepted Answer

Financial services organizations provide guidance and advice to both individuals and organizations on how to invest money, manage risks, and achieve their financial goals. This includes services provided by banks, insurance companies, investment firms, and other financial institutions. While some organizations may place a focus on socially responsible investing or environmental responsibility, this is not universal across the industry. Financial services organizations may also provide comparative data on competing corporations, but this is not the primary focus of their services.

Identify a True Statement About the Financial Services Provided by Organizations