if bank of hayward has a required reserve ratio of 15 percent, it can legally increase its loans by:
Answers
If Bank of Hayward has a required reserve ratio of 15 percent, it can legally increase its loans by $85,000. Explanation: Banks hold some of their customers' deposits as reserves, which is the portion of deposits that banks must keep on hand and not lend out.
The reserve requirement is the portion of deposits that banks are required to keep on hand.The reserve requirement is a percentage of the deposits that banks hold on hand. The proportion is determined by the Federal Reserve System and can vary depending on economic conditions.
The reserve requirement is one of the most important tools the Federal Reserve has to influence the money supply. Banks can lend out the remainder of the deposits that are not held as reserves. They can increase their loans if they keep more reserves than required. If the reserve requirement is 15%, the bank can lend out 85% of its deposits while holding 15% in reserve. Assume that Bank of Hayward has $100,000 in deposits. They must keep $15,000 on hand (15% of deposits) and may lend out the remaining $85,000.
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Related Questions
Due to the necessity of living on a fixed income, many retirees find it difficult to _______. a. Afford to keep their large homes b. Maintain their old standard of living c. Pay for unexpected expenses d. All of the above
Answers
Answer:
D:all the above
Explanation:
i took the unit test.
Answer:
Its 100% D
Explanation:
Got a 100%
michelle works in retail and cant decide what products to include in the stores front window display what is the first step she should take to solve this problem
Answers
Michelle works in retail and can't decide what products to include in the store's front window display. What is the first step she should take to solve this problem?
A. List the options.
B. Evaluate the decision/choice.
C. State the problem.
D. Determine the pros and cons.
Answer:
C. State the problem.
Explanation:
To start with, Michelle must remember why he wants to put the product on the front window display. Next, he has to remember what he gains from displaying the products which are to advertise to potential customers.By stating this problem, Michelle now knows what products to include in the front window display because he can now sort the products that are likely to attract customers and display them.a.
3. A written communication between two departments of a company would be made by:
Letter
b. Memo
Intercom
d. Viewdata
C.
Answers
internet service providers
A firm is selling two products—chairs and bar stools—each at $60 per unit. Chairs have a variable cost of $30, and bar stools $25. Fixed cost for the firm is $22,000.
If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
If the sales mix changes to 1:4 (one chair sold for every four bar stools sold), what is the break-even point in dollars of sales? In units of chairs and bar stools? (Round your unit answers to a whole number before calculating the breakeven point and round the break-even point to the nearest whole number.)
Answers
We may use the following formula to get the break-even threshold in sales dollars for the first component of the issue: Fixed expenses / Contribution Margin Ratio = Break-Even Point (in Dollars)
We must take the variable cost per unit from the selling price per unit in order to determine the contribution margin ratio:-
Selling price - variable cost for chairs is $60 - $30 representing a contribution margin per unit of $30.
Selling price - variable cost for bar stools is $60 - $25 yielding a contribution margin per unit of $35.
Using a 1:1 sales mix we can then determine the weighted average contribution margin per unit as follows:
Average contribution margin per unit, weighted, equals (1/2) x $30 + (1/2) x $35, or $32.50.
Now we can include the contribution margin ratio & fixed expenses to the formula:-
$22,000 / 0.5 = $44,000 is the break-even threshold in money.
To calculate the break even point in units of chairs & bar stools, we can use the following formulas:-
Break-even point (units of chairs) = Fixed costs / Contribution margin per unit for chairs = $22,000 / $30 = 733 chairs (rounded up to the nearest whole number)
Break-even point (units of bar stools) = Fixed costs / Contribution margin per unit for bar stools = $22,000 / $35 = 629 bar stools (rounded up to the nearest whole number)
For the second part of the problem, we need to recalculate the contribution margin ratio using the new sales mix of 1:4:-
Contribution margin per unit for chairs = $30
Contribution margin per unit for bar stools = $35 x 4 = $140
Weighted average contribution margin per unit = (1/5) x $30 + (4/5) x $140 = $122
Using the same formula as before, we can calculate the break-even point in sales dollars:-
Break-even point (dollars) = $22,000 / 0.122 = $180,328 (rounded up to the nearest whole number)
To calculate the break-even point in units of chairs & bar stools, we can use the new contribution margin per unit values:-
Break-even point (units of chairs) = $22,000 / $30 = 733 chairs (rounded up to the nearest whole number)
Break-even point (units of bar stools) = $22,000 / $140 = 157 bar stools (rounded up to the nearest whole number)
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I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!
Answers
Answer:
well i think
- flawless copies
- perfect printing
-rapid copies
- papers brought to life
- plastics and prints
-printsey
hope this helps! <3
Adele got a loan for $8,000 at 12% for 24 months.
The monthly payments are $376.80.
After 15 payments, the balance is $3222.44
1.
Adele wants to pay off her loan right now. What is the interest on the final payment?
2. If she wanted to pay off the loan right now, how much would it cost (hint: use your answer from (a) to help)?
3. What would have been the total amount she would have paid if she didn't pay it off early?
4. How much money has she already paid after 15 payments?
5. How much money was saved by paying the loan off early?
Answers
What are the mot important motive behind an enterprie' deciion to undertake foreign direct invetment?
Answers
Market-seeking, resource-seeking, efficiency-seeking, and strategic asset-seeking are the most important motive behind an enterprise's decision to undertake foreign direct invetment.
A company with its headquarters in another country makes a financial commitment to buy a majority stake in a business that operates in another country when it makes a foreign direct investment. Thus, it differs from a foreign portfolio investment due to the concept of direct control. FDI is a major driver of economic expansion. A country's economy is supported by foreign direct investment. FDI might sway domestic investment choices. Through workforce maintenance, FDI promotes the growth of human capital. Occasionally, investments can result in negative values. Numerous empirical studies have revealed that FDI is influenced by a number of variables, including market size, factor costs, transportation costs, political environment, exchange rate, trade openness, tax rates, infrastructure, property rights, and others.
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A new supermarket is being built. The country has required the owner to designate at least eight handicap parking spaces. The county installed a sign in front of each space to indicate that it is reserved for vehicles with a proper sticker. The sign also announces a $250 fine for violators.
The intention behind the sign is to announce to the community at large that there will be a stiff penalty to pay for violating the rule. The belief is that drivers who risk a small fine by parking illegally elsewhere, such as against the curb, will not risk the large fine for parking illegally in the handicap spaces. This point of view is known as ____________.
Answers
Answer: General deterrence
Explanation:
Based on the information given, the point of view is known as general deterrence.
General deterrence is the effect of a threat regarding legal punishment on everyone in the society or the public at large. The aim of general deterrence is to send a message to the public and this is done by making them fearful of the consequences when they commit a particular crime. In this case, the fine of $250 is to make the public fearful of violation of the rule.
Seven years ago, Elise Damato started a business specializing in dog walking and dog grooming. After the first year, her pet food supplier started giving Elise a cash discount of 2.25% on any amount paid within 15 days of the invoice date. On October 25, Elise bought pet food costing $1,064. On November 8, Elise paid $800 on the purchase. Compute the unpaid balance. (This problem involves the partial payment of an invoice within the discount period.)
Answers
Answer:
The answer is $246
Explanation:
Solution
Recall that:
The cash discount from the supplier = 2.25%
Elise purchased pet food for an amount = $1064
On 8 November she paid for a purchase of = $800
The next step to take is to calculate for he unpaid balance as stated from the question given.
Now,
The total amount due = 1064
The amount paid within the period of credit =$800
The cash discount = 2.25%
The corresponding amount of payment before credit for cash discount is = (B/1-C)
Which is = 800/1-2.25%
800/0.977
=818.4
Therefore the unpaid balance is = $1064-818.4
= 245.6 or 246
Performance Assessment Task
Jrotc
This performance assessment task gives you an opportunity to document your achievement of the lesson’s competency: Demonstrate proper etiquette in social settings For this performance assessment task, you will complete the Dining-Out scenario. For this assessment you will: Read the following scenario and individually complete the information below. Be prepared to share your answers in class. The same criteria in the scoring guide below can be used to evaluate your performance of proper etiquette and manners at the annual Cadet Ball. Scenario: The annual Dining-Out is in five months. You have been asked to be a member of the Dining-Out committee. The committee plans all aspects of the Dining-Out. Complete this assignment as if you are preparing for the meeting and event. The committee will discuss invitations, table settings, receiving line protocol (guest speaker and other dignitaries), proper dress, protocol for honoring the nation, and thank you notes. 1. Invitations: Create the text for the invitation. Include all pertinent information including dress code and RSVP: Table Setting: On the back of this page, draw a picture of the appropriate table setting for the following menu: Fresh Garden Salad with Dressing Dinner Roll Tomato Soup Beef Tenderloin or Grilled Salmon New York Style Cheesecake with strawberries Iced Tea and water 2. Receiving line and other protocol: a. Who belongs on the line? b. What order should the guests stand in? c. Address the appropriate protocol for honoring the nation. d. Describe how you will greet the guest of honor(s): e. What attire should you wear? 3. Thank you notes: Create a sample thank you note to send to the guest speaker: 4. Explain your role in the annual Cadet Ball as a Year 1 Cadet: 5. Use the attached scoring guide criteria for what you need to do to complete this task. 6. Submit your completed performance assessment task and scoring guide to your instructor for evaluation and a grade.
Answers
The invitation should include the date, time, location, the dress code, RSVP deadline, and any other important relevant information such as the theme of the event.
The invitation text will be like this: You are cordially invited to attend the Annual Dining-Out hosted by the JROTC program. The event will take place on [date] at [time] at [location]. Dress code for the evening is formal attire, which includes a dress uniform or civilian formal wear.
Please RSVP by [RSVP deadline] to [contact information]. We look forward to your presence at this event.
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influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Help me please :D
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
Answers
The types of planning that can improve the economy of a country is restrictive/long-term/constructive planning :
What is Planning?This refers to the series of steps that a person undertakes in order to achieve a set goal.
Hence, we can see that when it comes to the national economy, it is important for a country to engage in restrictive, long-term, and constructive planning in order to boost the economy.
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Answer:
What types of planning can be done to improve a nation’s economy? A nation can undergo pick 1 for slot 1 --> short-term/detailed/fulfilled planning or restrictive/long-term/constructive planning in order to improve its economy.
Explanation:
Now.....
GET ON
AND TELL
ME
WHERE
MUFFIN
IS
PLS and THANK YOU
Identify three areas of your business that might benefit from additional investment. These potential investments might be in your immediate workplace, or they might be in your organization’s broader healthcare footprint.
1. Make a back-of-the-envelope list of the pros and cons of each of these potential investments.
2. Next, make a list of the cash flow changes that are likely to be associated with each investment.
3. In what ways does the list of expected changes in cash flows inform your list of pros and cons?
Answers
Three areas of your business that might benefit from additional investment are Upgrading Technology Infrastructure, Employee Training and Development and Marketing and Advertising Campaign.
1. Upgrading Technology Infrastructure:
Pros: Improved efficiency, enhanced productivity, better data management, competitive advantage.
Cons: High initial investment cost, potential learning curve for employees, ongoing maintenance expenses.
2. Employee Training and Development:
Pros: Enhanced skills and knowledge, improved employee performance and morale, increased innovation and adaptability.
Cons: Time-consuming, cost of training programs, potential disruption to regular workflow during training periods.
3. Marketing and Advertising Campaign:
Pros: Increased brand awareness, expanded customer base, higher sales and revenue.
Cons: Costly marketing expenses, uncertain return on investment, potential saturation in the market.
When considering the expected changes in cash flows, the pros and cons become more informed. For example, investing in technology infrastructure may result in increased efficiency, leading to cost savings and improved cash flows over time. On the other hand, employee training and development may initially impact cash flows negatively due to the costs involved, but in the long run, it can lead to higher productivity and profitability.
Similarly, a marketing campaign can potentially generate higher sales and revenue, but the immediate cash outflows may outweigh the short-term benefits. Understanding the expected changes in cash flows helps evaluate the potential risks and rewards associated with each investment, providing a more comprehensive analysis of the pros and cons.
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You work in a company that has snacks in the kitchen. You realize that a coworker never brings their own food or eats out, but instead eats 5-6 snacks each day. You’re aware that other employees help themselves to snacks, but limit themselves to 1 snack per day.
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In case you worry about your colleague's frequent munching tendencies, try initiating a cordial and objective dialogue without any hint of criticism. Voice your concern regarding their welfare and enquire on how to assist them in choosing healthier snacks.
How should you treat this situation?Additionally, it may be plausible that this coworker has an underlying medical condition or dietary limitation prompting he requires more snack breaks than what is perceived as normal practice. In such cases, supportive understanding will go a long way in the person's psychology boosting.
Furthermore, for workers who only snack once each day, disparities impact different dietary necessities and lifestyle preferences aside from health aspects. Hence, gauging an individual in line with someone else proves futile due to numerous factors at play.
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In the long run, assume a firm both labor and capital to produce 25 units of output. The marginal product of the last unit of a labor being empolyed is 100; the marginal product of the last unit of capital being employed is 500. The wage rate of labor is $10. If the firm is minimizing the cost of producing 25. units of output, what must be the unit price of capital
Answers
The unit pr ice of capital must be $50. In order to minimize the cost of producing 25 units of output, the firm needs to determine the most cost-efficient combination of labor and capital to produce those units.
The marginal product of the last unit of labor employed is 100, meaning that adding one more unit of labor increases output by 100 units. The marginal product of the last unit of capital employed is 500, meaning that adding one more unit of capital increases output by 500 units.
Given that the wage rate of labor is $10, the firm will continue to add labor as long as the marginal product of labor is greater than the wage rate. In this case, the marginal product of labor is 100, which is greater than $10, so the firm will continue to hire labor until it reaches the point where The wage rate is equal to the labor's marginal product.
The firm will do the same for capital. However, instead of looking at the wage rate, the firm needs to look at the unit price of capital. The unit price of capital is the cost of adding one more unit of capital to the production process. The firm will continue to add capital as long as the marginal product of capital is greater than the unit price of capital.
In this case, the firm needs to determine the unit price of capital that will result in the most cost-efficient combination of labor and capital to produce 25 units of output. Since the marginal product of the last unit of capital employed is 500, the firm will continue to add capital until the marginal product of capital equals the unit price of capital. Therefore, the unit price of capital must be $50, which is equal to the marginal product of capital.
To minimize the cost of producing 25 units of output, the firm must equate the marginal product per dollar spent on labor with the marginal product per dollar spent on capital. This can be expressed using the following equation (Marginal Product of Labor / Wage Rate of Labor) = (Marginal Product of Capital / Unit Price of Capital)
Given the information provided:
100 / $10 = 500 / Unit Price of Capital
10 = 500 / Unit Price of Capital
Now, solve for the Unit Price of Capital:
Unit Price of Capital = 500 / 10
Unit Price of Capital = $50
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Conider the market for grain in a Wet African nation. Suppoe the United Nation initiate a program to ditribute free grain to houehold in that Wet African nation. The immediate effect of the UN grain ditribution program on houehold and farmer in the Wet African nation would be to
Answers
Distributing the free grains to households in wet African regions by the united nations, it would drive the price up.
What are the objectives of the United Nations?The United States is an international organization made up of 51 states that were founded with the goals of promoting social progress, a greater standard of living, and human rights in addition to preserving world security and peace.
Which three nations don't belong to the UN?Taiwan, Kosovo, and Vatican City are the only three nations in the world that are unable to join the UN. The UN views Taiwan and Serbia as being a component of China and Serbian, respectively, rather than as sovereign states.
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Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.
Answers
Answer:
Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.
Explanation:
A time-series trend equation is 25.3 + 21 x. What is your forecast for period 7? 0 40.0 324.1 25.3 32.3 O 172.3
Answers
The forecast for period 7 is 172.3. The correct answer is: 172.3
To forecast for period 7 using the given time-series trend equation of 25.3 + 21x, we need to substitute x with the corresponding period number.
For period 7, x would be 7. So, we plug in x = 7 into the equation:
Forecast for period 7 = 25.3 + 21(7)
= 25.3 + 147
= 172.3
Therefore, the forecast for period 7 is 172.3.
The correct answer is:
172.3
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Type the correct answer in the box.
Which strategy are you following if you are concentrating on serving a particular segment of customers better?
You are following the_______
strategy if you are concentrating on serving a particular segment of customers better.
Answers
Answer:
Targeting Strategy
How would the collection of an account receivable affect the current ratio and the quick ratio, respectively?
a. No effect on current ratio; increase in quick ratio
b. Increase in current ratio; increase in quick ratio
c. No effect on current ratio; no effect on quick ratio
d. Decrease in current ratio; decrease in quick ratio
Answers
The collection of an account receivable affect the current ratio and the quick ratio, respectively by Increase in current ratio; increase in quick ratio. The correct answer is option b.
The current ratio is calculated by dividing the current assets by the current liabilities. It is a measure of a company's ability to pay its short-term obligations.
The quick ratio, also known as the acid-test ratio, is calculated by dividing the current assets minus inventory by the current liabilities. It is a measure of a company's ability to pay its short-term obligations without relying on the sale of inventory.
When a company collects an account receivable, it increases the amount of cash it has, which is a current asset. This increase in current assets will increase both the current ratio and the quick ratio. Therefore, the correct answer is option b.
Here is the calculation:
Current ratio = Current assets / Current liabilities
Quick ratio = (Current assets - Inventory) / Current liabilities
After collecting an account receivable:
Current assets = Current assets + Account receivable
Current ratio = (Current assets + Account receivable) / Current liabilities
Quick ratio = (Current assets + Account receivable - Inventory) / Current liabilities
Both the current ratio and the quick ratio will increase after the collection of an account receivable.
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Answer: B). Increase in current ratio; increase in quick ratio.
conscious marketing encompasses all of the following overriding principles except
Answers
Conscious marketing is a marketing philosophy that emphasizes promoting and delivering value to customers while considering the impact of business practices on society and the environment.
It encompasses various principles such as authenticity, transparency, customer-centricity, social responsibility, and sustainability. However, there is no definitive list of overriding principles of conscious marketing, and different sources may define it differently.That being said, based on common definitions of conscious marketing, it is possible to identify some key principles that it generally includes. These may include putting the customer first, being transparent and truthful in marketing communication, providing value while respecting ethical and environmental standards, engaging in socially responsible practices, and promoting sustainability.Therefore, the answer to the question is not straightforward, as it is unclear which principles the question is referring to. However, it is safe to say that conscious marketing generally includes the principles mentioned above and may not include those that conflict with these values, such as deceptive or manipulative marketing practices.
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What are the primary reasons people choose to invest and trade stocks?
(Select all that apply.)
to earn a dividend to earn a dividend , ,
to earn capital gains to earn capital gains , ,
to earn predictable quarterly interest to earn predictable quarterly interest , ,
to earn money that is liquid
Answers
Answer:
to earn a dividend
to earn capital gains
Explanation:
Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.
Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.
Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.
Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.
Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects
Answers
Answer:
d all subjects
Explanation:
think its right sorry if its wrong
The answer fam is..........D) All subjects
Which of the following factor(s) influence(s) the acquiring firm's choice between merger and an acquisition of stock?
A.Shareholders are dealt with directly to bypass target management and board of directors.
B.In a tender offer, usually some minority shareholders do not tender, stopping complete firm absorption.
C.Target management may be unfriendly and resist an offer. Resistance often increases the acquisition price.
D.Shareholders are dealt with directly to bypass target management and board of directors; in a tender offer, usually some minority shareholders do not tender, stopping complete firm absorption; and target management may be unfriendly and resist an offer. Resistance often increases the acquisition price.
Answers
Option D. Shareholders are dealt with directly to bypass target management and board of directors; in a tender offer, usually some minority shareholders do not tender, stopping complete firm absorption; and target management may be unfriendly and resist an offer. Resistance often increases the acquisition price.
Acquiring firms often face the choice of buying stock in a corporation or merging with it. The decision is influenced by several factors, some of which are discussed below:
Direct dealing with shareholders to bypass target management and board of directors.
Direct dealing with shareholders is one of the factors that influence the acquiring firm's choice between a merger and an acquisition of stock. In a merger, shareholders are dealt with directly to bypass the target management and board of directors.
In a tender offer, minority shareholders may not tender their shares, preventing complete absorption of the firm. The involvement of the target management may be unfriendly and resist an offer, which can sometimes increase the acquisition price. Resistance to acquisition can be beneficial for shareholders because it can result in higher prices for the firm. This makes resistance an important consideration for the acquiring company.
The acquiring firm's choice between a merger and an acquisition of stock is influenced by many factors. The involvement of the target management and the board of directors, resistance, and the reluctance of shareholders to tender are all factors that can influence the decision.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answers
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
when few property and equipment transactions occur during the year, the continuing auditor usually obtains an understanding of the related internal controls and performs a thorough examination of the balances at the beginning of the year. tests of controls. extensive tests of current year property and equipment transactions. analytical procedures to verify current year additions to property and equipment
Answers
It is common practice for auditors to obtain an understanding of internal controls related to property and equipment transactions and perform thorough examinations of beginning balances, even when only a few transactions occur during the year.
This approach helps to ensure that the financial statements are accurate and complete.
To accomplish this, the auditor will typically perform the following procedures:
1- Obtain an understanding of the internal controls related to property and equipment transactions, including the process for identifying and recording additions, disposals, and transfers.
2- Perform tests of controls to assess the effectiveness of the internal controls related to property and equipment transactions.
3- Perform a thorough examination of the beginning balances for property and equipment to ensure that they are accurately recorded and properly classified.
4- Conduct extensive tests of current year property and equipment transactions to ensure that they are properly authorized, recorded, and classified.
5- Use analytical procedures to verify current year additions to property and equipment, such as comparing the total cost of additions to the budget for capital expenditures.
By performing these procedures, the auditor can gain a reasonable assurance that the financial statements accurately reflect the company's property and equipment balances and transactions.
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The Federal Open Market Committee (FOMC) is made up of Multiple Choice the seven members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a rotating basis. the seven members of the Board of Governors along with the president of the New York Federal Reserve Bank. the seven members of the Board of Governors of the Federal Reserve System along with the three members of the Council of Economic Advisers. the chair of the Board of Governors along with the 12 presidents of the Federal Reserve Banks.
Answers
Answer:
the seven members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a rotating basis.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
The Federal Open Market Committee (FOMC) is comprised of the seven (7) members of the Board of Governors of the Federal Reserve System along with the president of the New York Federal Reserve Bank and four other Federal Reserve Bank presidents on a one-year term rotating basis. The FOMC are typically responsible for making monetary policy and the determination of the direction of the monetary policy in the United States of America.
When considering risk response development, passing risk to another party instead of changing it is known as ____________ the risk.A. diminishingB. avoidingC. escalatingD. transferringE. retaining
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When considering risk response development, passing the risk to another party instead of changing it is known as transferring the risk. Option D is the correct answer.
The main objective of the risk response is to get the risk to an acceptable level or to eliminate the risk. The identified risk is then evaluated using a qualitative or quantitative approach, and risk response planning takes place. The response plan outlines how the risk will be addressed. The purpose of the plan is to identify the actions that will be taken to mitigate, eliminate, transfer, or accept the risk. Risk transfer is one of the strategies employed in the risk response plan.
Risk transfer is a risk mitigation technique in which the risk is shifted from one entity to another. The ownership of the risk is shifted to a third party or a contractual arrangement. An insurance policy is one of the most prevalent examples of transferring risk. An organization can obtain insurance coverage to transfer risk. If a company is concerned about the financial impact of losing a key staff member, for example, it might buy key person insurance to offset the financial loss in the event of a death or disability.
Option D is the correct answer.
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Which government commission monitors the hiring practices of organizations by analyzing their annual hiring reports
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The government commission which monitors the hiring practices of organizations by analyzing their annual hiring reports is:
Equal Employment Opportunity CommissionWhat is The Equal Employment Opportunity Commission?This refers to the government agency which is in charge of regulating the hiring process of organizations to make sure hay are free and fair.
With this in mind, we can see that this independent agency makes their investigation and analysis through the annual reports of the company.
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if marc signs an employment contract for one year but is fired without cause after two months and spends $500 in reasonable fees trying to find a comparable job, he may recover $500 in incidental damages.
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If Marc signs an employment contract for one year but is fired without cause, he may recover incidental damages is: true, because incidental costs may be recovered even if the costs aren't paid directly.
According to the legal law system, Incidental damages are damages that are incurred as a result of the non breaching party's reasonable efforts to avoid losses. These are recoverable under UCC Article 2 damages law. If a party incurs incidental damages as a result of the breach, these damages are recoverable.
These damages are intended to compensate the non-breaching party for expenses incurred as a result of the breach. Examples of incidental damages include reasonable costs incurred in attempting to avoid damages or in performing in the contract or a reasonable measure of damages incurred as a result of the breach.
The incidental costs may be recovered even if the costs aren't paid directly by the non-breaching party. However, these must be commercially reasonable expenses.
Legal steps to be taken by Marc:1. File a case in small claims court.
2. Send a demand letter to his employer that he wants his incidental damages of $500.
3. Send a demand letter from an attorney if the employer is unresponsive.
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