15 POINTS


State the features of various types of savings accounts and how would each be used by you as a customer?

Answers

Answer 1

Explanation:

The base for carrying financial transactions. A savings account can be used to send and receive payments and it serves as a base for all transactions. ...

Nominal interest rates. ...

Minimum average balance. ...

Passbook and cheque facility. ...

Additional benefits. ...


Related Questions

im bord so how are u to day say any thing u whant be free

Answers

Hi, and I’m starving how r u?
Im fat how are you today?

what signs of maturity were shown towards the end of Tall Girl? Movie

Answers

The answer is watch the movie

DUE TODAY PLEASE HELP T^T
After you complete your self-assessment, you should compare it with a description of your career choice.

False
True

Answers

Answer:

i think its true

Explanation:

Answer:

Probably True.

After you complete a self-assessment you should compare it with a description of your career choice. This could be helpful,

4.2. Why do you think capital is important?​

Answers

Answer:

Capital is important because it's that part of an asset that can be used to repay its depositors, customers, and other claimants in case the bank doesn't have enough liquidity due to losses it suffered in its operations. Capital also helps the bank in times of a liquidity crisis.

Type your summary here. Use the Internet to find an article that presents a forecast of the economy's performance in the next three months to a year. Once you have found and read your article, record your summary using the following format in the box below and include the link. Be sure to include the URL links you used as resources in the space below.

Paragraph #1 - Summary of article including the link.
Paragraph #2 - How it relates to entrepreneurship.
Paragraph #3 - Your opinion of whether or not you agree with the prediction and the evidence provided to support the forecast.

Answers

The exercise is about summaries. It tests your ability to summarize an article.

What is a Summary?

A summary refers to a concise statement or account or report of the key points of an event, story, or literature.

A summary is usually exclusive of details that are not necessary. It focuses on the key points.

The key points of a text are usually found in the introduction and the conclusions of the text. One must however ensure that they read through the entire text to get the true context of what is being summarized.

Learn more about Summaries at:

brainly.com/question/25605883

Answer:

The article I read was "The World Bank slashes its forecast for global economic growth." by New York Times https://www.nytimes.com/2022/04/18/business/the-world-bank-slashes-its-forecast-for-global-economic-... . To summarize, the estimation made by The World Bank that the economy would grow at a rate of 4.1 percent was revised due to the conflict in Ukraine. The World Bank is now estimating the economy would grow 3.2 percent globally. The article then goes into the effect the conflict will have on consumers.

This topic relates to entrepreneurship because global economic growth benefits entrepreneurs because knowing the projected economic growth can allow business owners to better predict the growth they should expect to see. This is important when examining the statistics of a business because it gives a baseline of comparison to see if the business is successfully growing of if changes need to be made to ensure proper growth.

In my opinion I agree with the prediction, I can see the possible impact the conflict can have on the global growth of the economy. I believe the corrected projection of less than originally thought is appropriate considering the affect the conflict has had on consumers. The reduced stimulation of the economy caused by less consumer interaction will indeed decrease the rate at which the economy will grow.

Explanation:

n/a

The time attendance system in the production division at MM, an automobile manufacturing company, was malfunctioning. Consequently, Greg Hill, one of the front-level managers, sent it for repair. In the meantime, he placed a register where all workers of the production division had to provide their time of entry and exit from office. At the end of the week, when looking through the time logs, he had certain concerns about a group of employees. In the next week, he personally tracked the time this group of employees spent working and realized that they were reporting a greater number of working hours than they actually worked. This group engaged in a barrier to communication called _

Answers

I don’t like to ready it’s called the pizza pizza Liza Liza can I get brainless

A special type of project team that focuses on the verse in designing a implement a new product is a

Answers

Answer:

Product development team.

Explanation:

Product development team is special type of team which is formulated for designing a product and implement a new product. The product development team is responsible for the research of the new product and then formulae design for the product and then implement the product.

DUE TODAY PLEASE HELP T^T

One reason picking a career that interests you is that you might easily spend 30-40 years doing that job.

False
True

Answers

Answer:

False

Explanation:

Because you would spend 30-40 years of that career that YOU would enjoy. If you do something that's easy but not fun, then you would most likely end up quitting that job/career.

4. Suki will soon turn 18 and wants to move into her own apartment in a few years. But she is
worried that she won't be able to rent an apartment without any credit history. What can Suki do
to start building a good credit hitary?
a. Rent an apartment with a friend who already has signed a lease.
b. Continue to use her debit card responsibly, being careful to not overdraw on the account
C. Close her checking account to avoid bouncing a check.
d. Get and use a store credit card or major credit card and pay off amounts due each month.

Answers

Answer:

D

Explanation:

thia will help her build credit

Someone broke into your apartment and stole all of your stuff. Luckily, you
have renter's insurance. How do you request that your insurance pay for
the lost items?
A. file a claim
B. Write a deductible
C. Submit a powerpoint presentation
D. Prepare a lease

Answers

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Answer: A, file a claim

Explanation:

I hope this helped!

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Answer:

A. file a claim

Explanation:

The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%

Outsourcing is __________. ANSWER Unselected making a high-level, often strategic, decision regarding which products or services will be provided internally and which will be provided by external supply chain partners Unselected organizational strengths or abilities, developed over a long period, that customers find valuable and competitors find difficult or even impossible to copy Unselected the use of supply chain partners to provide products or services Unselected the use of resources within the firm to provide products or services

Answers

Answer:

the use of supply chain partners to provide products or services.

Explanation:

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.

Hence, outsourcing refers to the use of supply chain partners to provide products or services.

The action of keeping financial accounts is called

PLEASE HELP

Answers

Answer:

How Accounting Works

Accounting is one of the key functions for almost any business. It may be handled by a bookkeeper or an accountant at a small firm, or by sizable finance departments with dozens of employees at larger companies. The reports generated by various streams of accounting, such as cost accounting and managerial accounting, are invaluable in helping management make informed business decisions.

Explanation:


Pleaseee help
P
L
E
A
S
E

Answers

Answer:

What should I help dude

Which of these choices shows the smartest thinking?
ОА.
I use my credit card very carefully and I always pay my credit card bill the
minute I get it.
I use my credit card very carefully and I always pay my credit card bill the
day it is due.
Ов,
Oc. I use my credit card for impulse shopping.
OD. I use my credit card to help my friends buy stuff they cannot afford,

Answers

Ob is the smartest thinking I think

What is a tagline?

(Principles Of Business Management)

Answers

A tagline is a catchphrase or slogan used to advertise a brand. It is a short phrase or a series of phrases,often presented in conjunction with a brand logo,that is intended to add meaning to a brand

Answer:

Explanation:

A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.

Jim Smith borrowed $2,000 at a 6% add on rate for two years What is the finance charge ? Show your calculations below.

Answers

Answer:

the finance charge is $420

Explanation:

Finance charge constitutes Interest cost to be paid on the loan. Interest compensate the lender for forgoing the alternative of investing the money elsewhere.

Annual finance charge :

Interest charge = $2,000 x 6% = $120

After two years :

Interest charge =  $120 x 2 = $420

Therefore, the finance charge is $420.

Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sales goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______

Answers

Answer:

0.54 and 0.96

Explanation:

Conversion rate is Sales / Sales calls.

There are 65 sales transactions in total and the customers entered into the store are 120.

Conversion rate is 65 / 120 = 0.54

Meeting Quota ratio is Actual Sales / Sales goal

Actual Sales amount to $4803 while the sales goal was $5,000

Meeting quota ratio is 4803 / 5000 = 0.96

Identify the 5 various ways do marketers categorize service businesses and organizations?

Answers

Answer: The five basic forms of consumer market segmentation are demographic, geographic, psychographic, benefit, and volume.

Explanation:

In an effort to address the troubled economy, ..."For the ninth time in just over a year, the Federal Reserve is expected to cut interest rates, quite possibly its last reduction in this downturn." Rates have not been this low "... since 2003, when the economy was growing at a snail's pace." www.csmonitor, 10/28/2008 The Fed's rate cuts will ________ bank reserves and ________.

Answers

Answer:

decrease bank reserves; decrease the exchange rate and real GDP

Explanation:

The Federal reserve uses various monetary policies to regulate cash flow in the economy with a view of managing various indices like inflation, GDP, deflation, and so on.

Interest rate is one of the monetary policies that can be used to.vonttol the economy.

When interest rate is high cost of borrowing cash from commercial banks will be high so people are discouraged from borrowing. There is higher reserve in banks, and cash flow is restricted.

However in a situation where the economy is troubled the Federal Reserve will reduce interest rate.

This results in cheaper cost of borrowing funds, commercial bank reserves will reduce because of increased outward flow of cash.

As the cash in the economy is in excess the rate at which it exchanges for foreign currencies will fall.

This in turn results in more money being spent on foreign goods and will reduce real GDP

Receiving constructive criticism with and
is the professional response to the situation.
A.gratitude
B.an open mind
C.suspicion
D.reluctance

Answers

I believe the answer is B because you always gotta have an open mind to improve yourself by listening to what you need work on

Novak Corp. Has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below.

Answers

Answer:

Allowance for doubtful accounts balance as at March 31st 2022 is $10,056.

Explanation:

Novak Corp. already have a balance of $2,284 in allowance for doubtful account.

The increase in allowance for doubtful account is calculated as follows.

$61,700 * 2% = $1,234

$12,600 * 5% = $630

$9,200 * 28% = $2,576

$6,800 * 49% = $3,332

Total = $7,772

$7,772 + $2,284 = $10,056

Competitive dynamics refers to the: a. circumstances in which competitors are aware of the degree of their mutual interdependence resulting from market commonality and resource similarity. b. set of competitive actions and competitive responses the firm takes to build or defend its competitive advantages and to improve its market position. c. ongoing actions and responses among all firms competing within a market for advantageous positions. d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

Answers

Answer:

d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

Explanation:

Competitive dynamics refers to the ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

This ultimately implies that, competitive dynamics comprises of various competitive actions or activities that a particular company or business firm engages so as to have a competitive advantage over its competitors in the same industry or market. Thus, it avails a business the opportunity to have a better market-share over rival firms.

Getting money to start and run a business is referred to as obtaining
OA. Collateral
OB. Business
OC. Costs
OD. Financing

Answers

Answer:

C bc process of elimination

Explanation:

which of the following jobs typically requires an associate’s degree

Answers

you never added the jobs...

What are the jobs bro

Recalling the competency pyramid studied in this chapter, what is the difference between a personal competency and an academic competency?
A personal competency is something you are born with, whereas an academic competency is something a teacher gives you
A personal competency is something warned from schooling, while an academic competency is something learned through reading
A personal competency is a skill that is part of your character or personality, whereas an academic competency is generally learned through schooling
A personal competency is something that you cannot develop, whereas an academic competency is something that you can learn

Answers

Answer:

c

Explanation:

lololololoolololololol

9.Not Answered 10.Not Answered Question Workspace Which of the following statements is CORRECT? a. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase. b. An increase in inventories will have no effect on the current ratio. c. A reduction in inventories will have no effect on the current ratio. d. If a firm increases its sales while holding its inventories constant, then, other things held constant, its fixed assets turnover ratio will decline. e. A reduction in the inventory turnover ratio will generally lead to an increase in the ROE.

Answers

Answer:

a. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.

Explanation:

Inventory turnover ratio is defined as the number of times that stock is used up during a given period. It determines the number of times a business needs to restock.

For example a business may have to replenish stock twice a year.

The formula is

Inventory turnover ratio = (Cost of goods sold) ÷ (Average Inventory)

If sales increases it will cause an increase in cost of goods sold. That is the numerator in the equation.

As inventory is held constant the denominator rains the same.

So an increase in sales will result in an increase in inventory turnover ratio

You have $500,000 to deposit in a bank account. What should you do with this deposit to be certain it is insured?

A.
Split it in half and deposit it in two separate savings accounts at different commercial banks.

B.
Deposit all of the money in one savings account in a commercial bank.

C.
Deposit all of the money in one checking account in a commercial bank.

D.
Split it in half and deposit it in two separate savings accounts at different brokerage firms.

Answers

The correct answer for plato users is option A

Explanation:

I just took the midterm and this was the correct option, please give brainly :)

The correct option is A.

Split it in half and deposit it in two separate savings accounts at different commercial banks.

Can direct deposit go to two different banks?

Typically, yes. In fact, many direct deposit programs allow you to split your payment between savings and checking accounts at different banks. You'll just need to add your banks' routing numbers, your account numbers and the account type for each.

How do I split up my savings?

The basic rule is to divide up after-tax income and allocate it to spend: 50% on needs, 30% on wants, and socking away 20% to savings.

Why is it important that your deposit is insured?

Deposit insurance provides three important benefits to the economy:

It assures small depositors that their deposits are safe, and that their deposits will be immediately available to them if their bank fails.

It maintains public confidence in the banking system, thus fostering economic stability.

Learn more about insured deposits here https://brainly.com/question/2226371

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Tony wants to pay off his credit card balances within 12 months. He is trying to decide if he should use his $1,000 in savings to pay off part of the balances or if he should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 7% but charges a balance transfer fee of $75 for each balance transfer. Evaluate Tony's options and recommend the debt management plan that would give him the lowest monthly payment.

Answers

Answer: pay off all of credit card A, and $206 of credit on card B. transfer the remaining balance of credit card B to the new card  

Explanation:

Tony's options and recommend the debt management plan that would give him the lowest monthly payment. He Transfer the remaining balance of credit card B to the new card and pay off all of credit card A and the $206 remaining on card B.

What do you mean by Transfer?

The movement of resources, money, or ownership rights from one location to another is referred to as a transfer. The procedure by which ownership of money or property is transferred to a new owner is also referred to as a transfer.

There are two major approaches you can take if you want to pay off a credit card with another credit card: a balance transfer or a cash advance. Both can be possibilities to think about in an emergency, but there are a few key differences that must be understood before choosing one over the other.

Even though it's crucial to make at least the minimum payment each month, it's not recommended to carry a balance from month to month because you'll accrue interest fees (unless you're taking advantage of an introductory 0% APR) and run the danger of going into debt.

Therefore, Tony transfer the remaining balance of credit card B to the new card and pay off all of credit card A and the $206 remaining on card B.

Learn more about Transfer, here;

https://brainly.com/question/28379153

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The expected rate of change in the nominal dollar/euro exchange rate is best described as Group of answer choices the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe real interest rate difference. the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate minus the U.S.-Europe expected inflation difference. the expected rate of change in the real dollar/euro exchange rate plus the European expected inflation.

Answers

Answer:

the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

Explanation:

Foreign exchange market can be defined as type of market in which the currency of one country is converted into that of another country.

For example, the conversion of dollars of the United States of America can be converted into naira (Nigeria) at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis that states that asset (share) prices reflect all information and it is very much impossible to consistently beat the market.

Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

Hence, the expected rate of change in the nominal dollar/euro exchange rate is best described as the expected rate of change in the real dollar/euro exchange rate plus the U.S.-Europe expected inflation difference.

Why might a company that sells advanced lighting systems include a technical specialist on its sales teams?done
A.To provide deep knowledge about the product and how it can help customers
B.To focus on completing sales accurately and courteouslyclose
C.To deliver selling that is less expensive but involves good human relations skills
D.To call on buyers further down the marketing channel than the company's own customers

Answers

A company that sells advanced lighting systems might include a technical specialist on its sales teams: A. To provide deep knowledge about the product and how it can help customers.

When customers come to buy the lighting systems, some of them might make extensive inquiries about the lighting systems.

The lay sales representative might not have full knowledge of the questions being asked.

So, it becomes necessary to employ a technical specialist who can provide deep knowledge about the product.

Learn more about technical specialists here:

https://brainly.com/question/17169621

Answer:

A to provide deep knowledge about the product and how it can help customers

Explanation:

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