Question

Please answer both they are part of one question

50 a)-Financial intermediaries who use financial services are no longer linked to geographic locations due to _______ and _________.

Select one:
a. technological advances, market deregulation
b. technological advances, internet access
c. market deregulation, internet access
d. social media, security software
Clear my choice

50 b) Which one of the following is NOT considered a financial intermediary?

Select one:
a. an insurance company
b. an accounting firm
c. a commercial bank
d. an investment bank

Answer 1

Because of technological advances in the field of finance and business, the services of financial intermediaries is not limited to a particular region. All of the has been possible because of the internet. Hence,

50) a)

B. Technological advances, internet access

An insurance company, investment banks and a commercial bank all act as financial intermediaries. An accounting firm is a service organization and does not categorize under financial intermediary. Hence,

50) b)

B. An accounting firm

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