Financial management environmentForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Financial management environmentThis topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 19, 2020 at 9:25 pm #590623 kane91ParticipantTopics: 6Replies: 1☆Hi everyone new to OTIndicate which of the following statements correctly describe the functions that financial intermediaries fulfil for customers and borrowers1.Money Transformation 2. Fund Aggregation 3.Dividend Creation 4.Pooling of lossesThe correction answer is Dividend creationShouldn’t it be Money Transformation Fund Aggregation, and pooling of lossesThanks October 20, 2020 at 10:13 am #590728 John MoffatKeymasterTopics: 57Replies: 54513☆☆☆☆☆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.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In