Financial services companies ________
A) deal in services related to money
B) sell insurance to their customers
C) lend money to consumers to pay for cars and houses
D) All of these are correct.
D
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The median score for the final exam in a statistics class was 85 and 20 percent of the students received a grade greater than 90. What is the probability that a randomly selected exam had a score between 85 and 90?
A) 80 percent B) 30 percent C) 50 percent D) There is not sufficient information to answer this question.
After preparing a bank reconciliation, a journal entry would be required for which of the following:
A. A deposit in transit. B. A check for $48 given to a supplier but not yet recorded by the company's bank. C. Interest earned on the company's checking account. D. A deposit made by a company with a similar name and credited to your account.