There are different types of banks according to their classification. There are seven major type of banks that exist including retail, corporate, commercial, exchange, industry, cooperative and central.
Explanation:
1. A bank that specializes in retail or consumer banking in a local market.
Commercial Bank
This type of bank is based on shoort term credit and ease of withdrawal.
II. A bank that engages in a complete array of wholesale commercial banking activities and usually also provides retail banking services.
Industrial banks
These banks have large capitals that they invest in commercial activities.
III. A bank that is located in a financial center and relies on nondeposit or borrowed sources of funds for a significant portion of its liabilities.
Central Bank
these banks are often regulated and controlled by the government of the country.
Answer:
$525,000
Explanation:
The amount to be recognized as research and development expense for the year includes the cost of research and development services performed by Key Corp. for Orr, the cost incurred on testing of pre-production prototypes and models as well as the cost of testing in search for new products or process alternatives,
In other words, all costs incurred would be expensed since no of them met the capitalization criteria as per generally acceptable accounting principles
Answer:
The correct answer is the option A: cost-focus.
Explanation:
To begin with, a <em>cost-focus strategy</em> is the name given to a type of strategy defined by Michael Porter in competitive advantage in order to establish a strategy whose main purpose is to focus on a low price regarding the prices of the competitors in a narrow market. Therefore that in this case Ski Safety is pursuing a cost-focus strategy because the company is looking forward to compete in a narrow market thanks to a low price.
Your highness, caught you sippin' on lean
Reminds me that's how it's supposed to be
Explanation:
