Financial Asset is any asset that is 

Cash

Financeprovided by people or institutions outside the business, creates a

debt that will require payment. *

External Sources of Finance

Finance is a theory of: *

Money

Financial Liability is any liability that is *

A liability that is a contractual obligation

 Finance which is raised internally, it does not increase the debts of the
business. *

Internal Sources of Finance

Financial markets provide liquidity for savers who hold financial instruments
but are in need of money. *

Liquidity Function

Financial markets are intermediaries that channel the savings of individuals,

businesses, and government into loans or investments. *

False

Firms that require funds from external sources can obtain them from *

All of the above

Financial market in which securities are initially issued; the only market in
which the issuer is directly involved in the transaction. *

Primary Market
Financial market in which preowned securities (those that are not new
issues) are traded. *

Secondary Market

Financial markets are intermediaries that channel the savings of individuals,

businesses, and government into loans or investments. *

False