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KonstantinChe [14]
2 years ago
6

An interesting development that happened in late 2008, relating to the fed and bank reserves, was that the fed?

Business
1 answer:
ser-zykov [4K]2 years ago
8 0

An interesting development that happened in late 2008, relating to the fed and bank reserves, was that the fed started paying interest on the bank's reserves.

What did the federal reserve do in 2008?

They bought billions of dollars worth of stocks, mortgage securities, and bonds straight from the U.S. Treasury when the financial crisis hit.

How did the Federal Reserve respond to the financial collapse?

Credit was made more difficult by the Federal Reserve by raising interest rates. People scrambled to withdraw cash from their banks out of panic.

What was one reason the US government started a Federal Reserve system?

It was established by Congress to give the country a more secure, adaptable, and stable financial and monetary system. On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act into law, thereby establishing the Federal Reserve.

Learn more about the Late 2008 financial crisis: brainly.com/question/15869431

#SPJ4

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The function of accounting includes analyzing, recording, classifying, summarizing, reporting, strategic management and environm
Arlecino [84]
I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.
6 0
3 years ago
To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure pr
Svetlanka [38]

The large investment the company made in the failed project most likely was made by a manager who did not fully understand "Sunk Costs".

<h3>What is Sunk Cost?</h3>

An price or investment that has already been made and cannot be recovered is referred to as a sunk cost.

Types of sunk cost are -

  • Investment in advertising. This money is lost if you advertise a new product; it cannot be recovered.
  • Investigation into a new product.
  • Labour expenses.
  • New software system installation and operational procedures.
  • Loss of relationships in business and reputation.

Therefore, Sunk expenses are unrelated to any particular occurrence and shouldn't be taken into account while choosing an investment or project.

To know more about ways to harvest an investment in a business, here

brainly.com/question/17156228

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6 0
2 years ago
Wnich of these skills is the cognitive ability to see the organization as a whole and the relationship amon parts? a. Human b. R
katrin2010 [14]

Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

4 0
3 years ago
Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi
blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

    <u>Cr Cash 5,000</u>

December 31, dividends received

<u>Dr Cash 60</u>

    Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

    Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

  • Decrease by $5,000 due to the purchase of stocks.
  • Increase by $60 due to the dividends received.
  • net cash from investing activities = -$4,940

4 0
4 years ago
Which of the following is a component of the talent acquisition function of HR management?
katovenus [111]

Answer:

Recruiting

Explanation:

Recruitment is the process of hiring individuals in an organization to accomplish the tasks assigned. It is the process carried by the Human Resource Management in an organization. The HR management is responsible to organize and manage the human talents and recruit them respectively. The talent are recognized by the team and are hired to meet the goals of the organization.

3 0
3 years ago
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