The answer is At least quarterly.
financial institution pay interest to the commissioner of management and budget from a broker's interest-bearing trust account at least quarterly.
What is a Financial institutions?
- A financial institution (FI) could be a company locked in within the business of managing with monetary and financial transactions such as stores, advances, ventures, and cash exchange.
- Financial institutions envelop a wide run of commerce operations inside the money related administrations segment counting banks, believe companies, protections companies, brokerage firms, and speculation dealers.
- Financial teach can shift by measure, scope, and geography.
- A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
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Answer:
Reserves & Checkable deposits will equal to $36,000 and $106,000
Explanation:
The amount of checkable deposits is given $120,000 on the liabilities side. So, the withdrawal and clearance of check worth $14,000 will lead to a decline in the number of checkable deposits by $14,000. As a result, the remaining amount of checkable deposits will equal to $106,000 ($120,000 - $14,000).
To maintain the balance on asset & liabilities side of the balance sheet, the asset side will also reduce by $14,000. $14,000 will be deducted from the reserves of the bank. As a result, the remaining amount of reserves is equal to $36,000 ($50,000 - $14,000).
Answer:
a) random events.
Explanation:
According to my research on lottery drawings, I can say that based on the information provided within the question the two winnings are just random events. The chances of Josephine winning the lottery can be explained statistically with probabilities, but even still the two winning tickets are random events that happened in her life. Even tho the chances can be explained statistically it does not mean that the next ticket will be a winner as well, regardless if she is on a lucky roll.
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Answer:
Census
Explanation:
A <u><em>census </em></u>is stablished to know exactly or with a minor level of error what is the total count of population and where do they live in any given city or country.