Which of the following best explains the recent decline in the role of financial intermediaries?
A) Private production and sale of information
B) Government regulation to increase information
C) Improvements in information technology
D) None of the above can explain the recent decline
C
You might also like to view...
ERP system's traditional strengths lie in routine decision making and in execution and transaction processing
Indicate whether the statement is true or false.
The MACRS allows depreciable assets to have
A) longer lives than economic lives resulting in higher income taxes in the early years of an asset's life than the straight-line method. B) longer lives than economic lives resulting in lower income taxes in the early years of an asset's life than the straight-line method. C) shorter lives than economic lives resulting in higher income taxes in the early years of an asset's life than the straight-line method. D) shorter lives than economic lives resulting in lower income taxes in the early years of an asset's life than the straight-line method. E) useful lives equivalent to economic lives.