The transfer of financial instruments from suppliers of funds to users of funds without any intermediary in between is classified as _____________?

Correct answer: C. direct transfer

  • A. global transfer
  • B. pension transfer
  • C. direct transfer
  • D. indirect transfer

Explanation

A direct transfer occurs when savers provide funds directly to borrowers by purchasing their financial instruments, without a financial intermediary. An indirect transfer uses institutions such as banks, mutual funds, or insurance companies.

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Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.

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