question In financial markets what type of institution provides loans to businesses and individuals acting as an intermediary between savers and borrowers

What is the term for the tax imposed on the income of individuals and businesses by the government?

A. Income Tax
B. Sales Tax
C. Property Tax
D. Excise Tax

What is the term for the tax imposed on the income earned by an individual or business from investments in real estate?

A. Property Tax
B. Corporate Tax
C. Value Added Tax (VAT)
D. Capital Gains Tax

In the context of corporate finance, what does the term "cost of capital" represent?

A. The cost of raising funds
B. The cost of operating expenses
C. The cost of acquiring assets
D. The cost of shareholder dividends

What term describes the practice of spreading investments across different sectors to reduce risk?

A. Asset Allocation
B. Diversification
C. Investment Planning
D. Market Research

What is the term for the marketplace where short-term funds are borrowed and lent, facilitating the liquidity needs of financial institutions?

A. Stock Market
B. Money Market
C. Bond Market
D. Securities Exchange

What is the strategy of organizing financial affairs to minimize tax liability called?

A. Tax Compliance
B. Tax Evasion
C. Tax Planning
D. Tax Reform

Which tax is imposed on the profits earned by an individual or business from the sale of tangible personal property?

A. Sales Tax
B. Excise Tax
C. Corporate Tax
D. Capital Gains Tax

In financial management, what decision involves determining how to allocate funds among various investment opportunities?

A. Asset Management
B. Profit Maximization
C. Treasury Management
D. Capital Budgeting

What is the term for the added value of a product at each stage of production, leading to taxation at each stage?

A. Capital Gains Tax
B. Value Added Tax (VAT)
C. Excise Tax
D. Sales Tax

The Quick Ratio is also known as the:

A. Acid-Test Ratio
B. Current Ratio
C. Debt Ratio
D. Inventory Turnover