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skelet666 [1.2K]
3 years ago
11

What are depository and non depository financial institutions? How do they differ?​

Business
1 answer:
Katarina [22]3 years ago
6 0
Depository institutions---is a financial institution (such as a savings bank, commercial bank, savings and loan association, or credit union) that is legally allowed to accept monetary deposits from consumers.It contribute to the economy by lending much of the money saved by depositors. financial non depository institutions are financial intermediaries that do not accept deposits but do pool the payments of many people in the form of premiums or contributions and either invest it or provide credit to others. Hence, nondepository institutions form an important part of the economy. These institutions receive the public's money because they offer other services than just the payment of interest. They can spread the financial risk of individuals over a large group, or provide investment services for greater returns or for a future income. Nondepository institutions include insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies. There are also smaller nondepository institutions, such as pawnshops and venture capital firms, but they constitute a much smaller portion of sources of funds for the economy Plz rate me best answer I'm trying to get a few of thoughts so iv Ben trying hard to answer very descriptive I am # 2 person yesterday to answer the most questions yesterday
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Which option lists the steps to generate a weather forecast in the correct order?
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3 years ago
Vaughn Bately manages a group of eight electrical engineers at Defiance Designs. His team is highly trained and well respected b
AlladinOne [14]

Answer:

e. All of these are accepted.

Explanation:

If Vaughn was facing a significant decision. and Vaughn uses the classical model of decision making, then all the assumptions below will not be rejected

a. The decision maker is rational and uses logic in assigning values and evaluating alternatives.

b. The desired decision will maximize attainment of organizational objectives.

c. The decision-maker strives for complete certainty, gathering complete information.

d. Problems are precisely formulated and defined.

The reason for such conclusion is that the classical model which Vaughn uses prescribes the best way to make decisions, based on four assumptions:

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- eliminated uncertainty,

- access to full information, and

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These four conditions are same as those faced be Vaughn in the given scenario.

4 0
4 years ago
An individual who is not party to the contract between a CPA and the client, but who is known by both and is intended to receive
Naddika [18.5K]

Answer:

Third party beneficiary.

Explanation:

This is easily seen in contracts as it is said that a third party beneficiary is a person that benefits from an agreement between two persons or a contract between two persons. This is despite the fact that this said person has no effect or was not in any way a part of the said contract.

A third party beneficiary can be denied the rights to compensation of the contract, especially when contract is not fulfilled.

Rights which makes the third party beneficiary valid and concretely a part of the contact are been attached and solidified if the said contract comes through.

3 0
4 years ago
When a firm sells goods or services on credit, the owner needs to remember that for cash budgeting purposes ________.
miskamm [114]

Answer:

The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

Explanation:

As in the given question, it is mentioned that the credit sale is made, so the owner would remember the delay between the sale and the actual collection so that he knows the gap between these two.

Moreover, for cash budgeting purposes, it is necessary to remember when the owner received the cash and the date on which credit sale was made.

So, all other options are incorrect because it doesn't make any comparison between these two thing which is important for cash budgeting purposes.

Hence, The correct option is c. she/he must account for a delay between the sale and the actual collection of the proceeds

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3 years ago
Type the correct answer in the box. Spell all words correctly.
Blababa [14]

The ethical relativism principle represents that there is no means to identify between right and wrong in morality, while the moral relativism principle declares that there is no manner to differentiate between right and wrong in morality.

<h3>What is ethical and Moral relativism?</h3>

Morality is said to be relative to one's culture's norms, according to ethical relativism. To put it another way, the moral rules of the society in which a process is carried out decide whether it is proper or wrong.

A morally correct behavior in one civilization may be ethically incorrect in another.  Acceptance of a fact-value gap has driven most kinds of ethical non-cognitivism, such as moral relativism.

Moral relativism, unlike ethical non-cognitivism, does not deny that moral assertions can be true; rather, it denies that they can be made true by an objective, transcultural moral order.

Therefore, the ethical and Moral relativism are the correct answers of the given problem.

Learn more about the morality, refer to:

brainly.com/question/13324831

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