Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Financial management environment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Financial management environment

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • October 19, 2020 at 9:25 pm #590623
    kane91
    Participant
    • Topics: 6
    • Replies: 1
    • ☆

    Hi everyone new to OT

    Indicate which of the following statements correctly describe the functions that financial intermediaries fulfil for customers and borrowers

    1.Money Transformation
    2. Fund Aggregation
    3.Dividend Creation
    4.Pooling of losses

    The correction answer is Dividend creation

    Shouldn’t it be Money Transformation Fund Aggregation, and pooling of losses

    Thanks

    October 20, 2020 at 10:13 am #590728
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54764
    • ☆☆☆☆☆

    Are you sure that you have read the question correctly, because dividend creation is the only statement that does NOT describe the functions of financial intermediaries.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.