The primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
The Money markets constitutes financial institution who provides the money market instrument such as mutual funds to the Market participant.
The Money market are essential to the economy because the excess reserves of investment with them are lend out and this boost the money supply of the economy.
Therefore, the primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.
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The CPA or Certified Public Accountant's report should <u>state that the CPA performed procedures to evaluate management assumptions</u> when they examine a client's projected financial statements.
CPAs are public accountants who are licensed to practice their profession publicly and must always comply with the government's taxation practices and provisions of Statements on Standards for Accounting and Review Services.
Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.
Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.
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Answer:
The greater the discrepancy between a consumer's needy state and the desired state, the greater <u>the consumer's need recognition will be.</u>
Explanation:
As there is a greater discrepancy between the two states, there would be stronger drive to satisfy the need
Answer:
any three examples of non-insurable risks are:
Residential overland water
War.
Acts of a foreign enemy.