Being an individual what services you are availing from your banker and what do you think is the most important function?

Q: Could you explain the relationship between money, credit, and financial firms? Explain

A: A financial institution (FI) is a firm that deals with financial and monetary transactions such…

Q: What are the factors that make a person choose a bank? What are people looking for in a banking…

A: Bank is referred as the financial institution, which accepts the monetary deposits from the people…

Q: What are the advantages and disadvantages of direct lending for the bank?

A: Direct lending for banks refers to a lending strategy where banks provide loans directly to…

Q: What is a personal statement of financial position?

A: Answer: A personal statement of financial position is nothing but a document that entails the…

Q: Who benefits the least from accounting regulation? Why?

A: The entity engages in day-to-day operations to provide goods and services to the customers and as a…

Q: Being an individual what services you are availing from your banker and what do you think is the…

A: Being an individual, the types of service which we can avail from our banks are as follows:

Q: Accountancy is a field that deals with money. What ideas and words are used there?

A: Accountancy is the field that deals to identify, measure, record, and communicate the monetary…

Q: Why are people willing to pay financial intermediaries their transaction costs, at our expense?

A: The question is based on the concept of function and operation of intermediaries in financial…

Q: What are the factors that you need to consider in applying for a loan? Why is it important to…

A: When applying for a loan one need to consider several factors at play. Some of them are quantitative…

Q: How important is the BSP in our Financial System?

A: Central bank have bigger roles in to play now days in economy. They make rules and regulations for…

Q: Which statement best describes the role of a credit agency? It tracks the use of credit for lenders.…

A: credit agencies play a crucial role in facilitating lending and investment decisions. These…

Q: What is the importance of assessing the earnings quality of a bank? In doing the assessment, what…

A: The capacity of reported profits (income) to anticipate a company's future profitability is referred…

Q: development in the fi

A: Professional accountants make a significant contribution to the economy at the local, national and…