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Bezzdna [24]
3 years ago
11

True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from

having a few large firms to many small firms.
Business
1 answer:
drek231 [11]3 years ago
5 0

True.The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.

Explanation:

The financial crisis broke the back of many big firms especially working the stock market and exchange. Financing services were being handled by big behemoths during the time that harbored a lot of space in the industry and did not allow smaller firms to take over the tasks and succeed in their stead.

The crisis made it impossible for their business models to sustain and no one could afford a hefty sum for financial services so smaller companies with less operational costs took their place.

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Things that you need to check are:
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4 0
3 years ago
Read 2 more answers
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She will be able to m<em>atch </em>downloaded deposits to <em>existing</em> transactions in the Banking Center.

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3 0
2 years ago
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The amount of cash to be reported on the balance sheet at June 30 is the
drek231 [11]

Answer:

The answer is C.

Explanation:

It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.

So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.

7 0
3 years ago
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for co
aivan3 [116]
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about <span>the extent of competition. In a monopolistically </span>competitive market, products are differentiated by brand and quality but are not perfect substitutes due to this. Perfect competition is basically a theoretical market because the criteria to qualify has a perfect competitive market is hard to meet. The firms all set the price of their product and the market does not have any influence over it. 
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The fact that a bank's assets tend to be long-term while its liabilities are short-term creates: multiple choice interest-rate r
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Do you have any choices or any info so I can help you?
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