Answer: purchase of a value-creating activity from an external supplier.
Explanation:
Outsourcing refers to the business practice whereby a company hires the service of another party for the creation of goods and the rendering of services which were done traditionally by the employees of the company.
Outsourcing is the purchase of a value-creating activity from an external supplier. It's usually done by.conoanues in order to reduce cost or focus on more important parts of producttion.
it is The Federal Reserve System
Explanation:
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
Thank you for calling. I am here to help you. What is you account number? Oh, I see it here. Let's start by updating you information so this won't happen again. Ok, you are updated. Now I see that this bill is for two months. Are you going to be able to pay in full? Ok, I will adjust your account and credit you $20.00 please don't hesitate if you need any other help, just call.
Answer: A. Depreciation Expense and credits a contra-asset account.
Explanation:
Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.
Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.
Answer:
$200,000,000
Explanation:
Given that:
Amount of securities purchased = $10 million
Desired reserve ratio = 0.05
The bank's excess reserve :
Money multiplier * amount of securities purchased
Money multiplier = 1 / reserve ratio
Money multiplier = 1 / 0.05 = 20
Excess reserve = 20 * $10,000,000
Excess reserve = $200,000,000
