Wiley P2 Sec-B Flashcard
CMA Exam Review - Part 2 1 FC..FC006_1709 What is disbursement float? Disbursement float is a measure of the time between when a firm initiates payment and when the funds are deducted from the firm's bank account. 2 FC..FC005_1709 What is expected rate of inflation? The belief about whether prices will be increasing in the future and by how much. 3 FC..FC001_1709 Why do financial markets exist? Financial markets exist to facilitate the flow of money from investors (those looking for a return on capital) and users (those seeking to fund business operations). 4 FC..FC007_1709 What is industry risk? Industry risk is the risk associated with the factors specific to a given industry.
Written for
- Institution
- CMA - Certified Management Accountant
- Module
- CMA - Certified Management Accountant
Document information
- Uploaded on
- December 14, 2023
- Number of pages
- 41
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
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what is disbursement float
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what is expected rate of inflation
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why do financial markets exist