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mel-nik [20]
1 year ago
14

Collecting and verifying information provided by a customer at account opening is part of the company's policies and procedures

covering:_____.
Business
1 answer:
jolli1 [7]1 year ago
5 0

Collecting and verifying information provided by a customer at account opening is part of the company's policies and procedures covering Anti-Money Laundering.

A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.

A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.

The definition of customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

Learn more about customer here:brainly.com/question/380037
#SPJ4

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A taxpayer who has purchased several lots of stock on different dates at different purchase prices and cannot identify the lot o
Vesnalui [34]

Answer:

False

Explanation:

When the taxpayer has purchased several lots of stock on different dates at different prices and cannot identify the lot of stock that is being sold. In such a situation the stocks are not identifiable, therefore, both the LIFO and FIFO methods of inventory valuation cannot be used. This is because both of these methods require identification of purchased lots of stocks to determine from which lots the goods are sold first. In such a situation only the Weighted average method (AVCO) can be used because it does not require identification of the  stock lot from which the goods are sold.

3 0
4 years ago
Units-of-activity Depreciation A truck acquired at a cost of $180,000 has an estimated residual value of $9,500, has an estimate
tatiyna

Answer:

a.

The depreciable cost is $170500

b.

The depreciation rate is $3.1 per mile

c.

The depreciation expense for the year is $13640

Explanation:

a.

The depreciable cost is the cost of the asset that qualifies to be charged as depreciation expense over the estimated useful life of the asset. The depreciable cost is calculated as follows,

Depreciable cost = Cost - Residual Value

depreciable cost = 180000 - 9500 = $170500

b.

The depreciation rate under unit of activity method is the amount of depreciation that will be charged per unit of the asset usage.

The depreciation rate = Depreciable cost / estimated useful life in units of activity

The depreciation rate = 170500 / 55000 = $3.1 per mile

c.

The units of activity depreciation for the year can be calculated by multiplying the depreciation rate per unit by the activity for the year in unit terms.

Depreciation expense for the year = 3.1 * 4400  =  $13640

5 0
3 years ago
How could you learn more about these occupations? (Job shadowing, part-time jobs, extended learning opportunities, courses at sc
Luba_88 [7]

There are several things that help when you want to learn more about jobs or occupations:

1) Research.

-Research can help with a lot of things. There are many websites that would be very beneficial if you look up your topic!

2) Ask.

-Asking or even interviewing someone with experience in your topic is another great way to learn about something! If you ask them, they would be more than happy to help you and you can still learn!

3) Volunteer.

-Volunteering is another great way to learn about your job field! Volunteers learn about different things that the job requires you to do and it’ll add value to your resume!

Hope this helps!

5 0
3 years ago
What will cause demand to change?
pickupchik [31]
Demand for a good is affected by the price, and the type of good. If the price is an inferior good the demand decreases when the price goes down, and vice versa for a normal good. So we can say for certain that a price change will always affect demand. So the answer is A.
5 0
3 years ago
How does money serve as a store of value?
nika2105 [10]
However much money serves as a value
7 0
3 years ago
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