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Core Concepts:
Money, Banking andCredit
(1
st
Philippine Edition)
AUTHORS
LOVELL M. ABELLOROSARIO G. FUDOTAN
CO-AUTHORS
RAMON T. QUITOLIMUEL P. PAVICO
CONSULTANT
CRISANTO A. COCAL, BSC, Ll. B.
Certified Public AccountantAttorney-at-LawCertified Real Estate Broker 
 
Authors’ Page
LOVELL M. ABELLO, BSA, MBA, DBA (candidate), Ll. B. (in-progress)
Certified Public AccountantRegistered Professional Teacher (LET) – Major in Business TechnologyCertified Real Estate Broker Career Service ProfessionalDiplomate in IFRS (with high distinction) – IAT, CanadaCertified Bookkeeper (with distinction) – ICB, United KingdomRegistered Cost Accountant – ICMA, AustraliaPassed International Certification Exam for Certified Accounting Technicians – IAT, Canada and ICMA, AustraliaChair, Accountancy and Finance Department – Angeles University FoundationAuthor: Readiness Assessment Tests in Business Technology for the LET (National Book Store, Inc., 2008); ReadinessAssessment Tests in Professional Education (National Book Store, Inc., 2008); Manual in IntroductoryEconomics (RMC Publishing Haus, 2009)
ROSARIO G. FUDOTAN, BSC, MBA, Ph. D.
Certified Public AccountantFormer Dean, College of Business and Accountancy – Angeles University FoundationFormer Chair, Accountancy Department – University of Sto. TomasProfessor, College of Business and Accountancy – Angeles University Foundation
 RAMON T. QUITO, BSA, MBM, DBA (candidate)
Certified Public AccountantDean, College of Business Administration – Systems Plus Computer College (Balibago, Angeles City)Book Consultant: Manual in Introductory Economics (RMC Publishing Haus, 2009)
LIMUEL P. PAVICO, BSBA, MM, DBA (in-progress)
Career Service ProfessionalChair, Management and Entrepreneurship Department – CIT Colleges (Paniqui, Tarlac City)Professor, College of Business and Accountancy – Tarlac State Universty (Tarlac City)Author: Manual in Introductory Economics (RMC Publishing Haus, 2009)LET Reviewer 
2
 
Foreword
 T
his course deals with the elementary ideas in relation to money, banking, financialsystems and credit. To sum up, the main purpose of this course is to provide students withthe basic financial background necessary to understand the corporate segment of theeconomy.The Authors November, 2009
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