Financial Management - Study Mode

[#631] New York Stock Exchange' is an example of
Correct Answer

(A) capital markets

Explanation

Solution: New York Stock Exchange' is an example of capital markets. Capital markets refer to the places where savings and investments are moved between suppliers of capital and those who are in need of capital. Capital markets consist of the primary market, where new securities are issued and sold, and the secondary market, where already-issued securities are traded between investors.

[#632] Hewlett-Packard and Microsoft are examples of
Correct Answer

(D) corporation

Explanation

Solution: Hewlett-Packard and Microsoft are examples of corporation. Microsoft (NASDAQ:MSFT) and Hewlett-Packard Enterprise (NYSE:HPE) recently unveiled Cloud Productivity and Mobility Solution Offerings (CPM), which will integrate HPE's consulting services with Microsoft services within Windows 10. HPE will integrate its consulting services into Microsoft's SaaS (software as a service) platforms, including Office 365, Skype for Business, Dynamics CRM, and Enterprise Mobility Suite.

[#633] Banks such as Bank of America serves a range of savers and borrowers are classified as
Correct Answer

(B) commercial banks

Explanation

Solution: Banks such as Bank of America serves a range of savers and borrowers are classified as commercial banks. Commercial banks make money by providing loans and earning interest income from those loans.

[#634] An inexpensive and easy business formation and few government regulations are advantages of
Correct Answer

(C) proprietorship

Explanation

Solution: An inexpensive and easy business formation and few government regulations are advantages of proprietorship. Sole proprietorships have several advantages over other business entities. They are easy to form, and the owners enjoy sole control of the business profits.

[#635] Which of the following has helped to eliminate the use of stock certificates by placing stock transactions on computers?
Correct Answer

(A) Demat account

Explanation

Solution: Demat account has helped to eliminate the use of stock certificates by placing stock transactions on computers. Demat Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account.