Retail Banks. The majority of people are the most familiar with retail banks, as they are aimed primarily at consumers. ...
Commercial Banks. Commercial banks service primarily individuals and small businesses. ...
Central Banks. ...
Cooperative or Mutual Banks. ...
Investment Banks. ...
Private Banks. ...
Online Banks. ...
Credit Unions.
The financial commitments and performance could be limiting in the long run because skills become obsolete, but problems are rarely solved.
Financial Commitments refers to all borrowing or raising commitments made to the Group at any time, including those for bonds (but excluding, for the avoidance of doubt, any bonding guarantees made in the normal course of business) and other debt, whether or not they are for cash.
A worker's skills become obsolete over time as a result of industrial restructuring or changing skill requirements in occupations and industries that rely heavily on technology (such as ICT, finance, and professional and scientific activities).
To learn more about financial commitments
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Answer:
Option (a) is correct.
Explanation:
Coffee and cream are complimentary goods because they are used together to satisfy a given want. Complimentary goods are having negative cross price elasticity of demand which means that if the price of coffee goes up then as a result the quantity demanded for cream goes down and if the price of coffee goes down then as a result the quantity demanded for cream goes up.
Answer:
The correct answer is option B.
Explanation:
According to the law of supply, ceteris paribus, there is a direct relation between price level and quantity supplied. This means that supply will increase with the increase in price level but only if other factors are held constant.
The increase in price will not lead to increase in output if the price of inputs is also increasing and in greater proportion than price of the product. With the the increase in input price, the cost of production will also increase. So the firms will not increase output.
Answer:
See below
Explanation:
1. Total materials variance
= (Actual quantity - Actual price) - (Standard quantity × Standard price)
= $4,410 - [(160 × 9) × $1.9]
= $4,140 - $2,736
= $1,404 unfavorable
2. Materials price variance
= (Actual quantity × Actual price) - (Actual quantity × Standard price)
= $4,140 - (2,100 × $1.9)
= $4,140 - $3,990
= $150 unfavorable
3. Materials quantity variance
= (Actual quantity × Standard price) - (Standard quantity × Standard price)
= (2,100 × $1.9) - [(160 × 9) × $1.9]
= $3,990 - $2,736
= $1,254 unfavorable
4. Total labor variance
= (Actual hours × Actual rate) - (Standard hours - Standard rate)
= $6,664 - (160 × 4) × $10
= $6,664 - $6,400
= $264 unfavorable