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If the parties with indirectly finance with financial needs through intermediaries are known as indirect finance.
Developing financial system is very important as financial systems and capacity help the organization to make sound decisions based on cash flow and available resources, monitoring funds, or comparing actual income and expenses versus budgeted amounts, helps managers ensure that the necessary funds are in place to complete an activity and etc.
Financial market is very important in financial system as it allows people to buy and sell financial securities, commodities, and other items of value at low transaction costs ...
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