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1 year ago

What is one benefit to using a debit card that is not a benefit of using a check to make a purchase?

Business

1 answer:

Talja [164]1 year ago

3 0

The major benefit of using the debit card is easy to carry.

Debit card:

In accounting, the term debit card refers the payment card that deducts money directly from a consumer's checking account when it is used.

Given,

Here we need to find the benefit of using the debit card over the check while making purchase.

We know that, the debit card payments allow you to complete transactions without having to fumble for cash, dig around in your purse or pockets for exact change, write out a check or go to an ATM.

Therefore, this tells that the card are easy to carry around and the purchase is paid and full without adding to debt.

To know more about Debit card here.

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Which of these statements is true of the hiring process

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3 years ago

Read 2 more answers

Match the job descriptions with the job titles.

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Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

Negotiate insurance settlement- Claim adjuster

The claim adjuster gathers reports and facts to the insurer.

Certifies the financial record of the business- Auditor

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3 years ago

Which of the following is LEAST likely to be a reason for firms to form a cartel?

GalinKa [24]

Answer:

The correct answer is letter "C": to raise competition among firms in the cartel.

Explanation:

A cartel is a group of companies or countries working together to regulate the price of a single product they produce in common. The cartel makes it impossible for a foreign business to enter the market and demand lower prices. Cartels are, in most cases, not helpful to customers. They generate high prices that remain unchanged until consumers find alternative ways to purchase the same items.

Under such a scenario, cartels are unlikely to be formed to generate more competition among the companies that compose them.

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2 years ago

On September 15, 2021, the Scottie Company board of directors declared a 8% stock dividend on common shares. The shares are to b

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Answer:

Date General Journal Debit Credit

Sept 15 Stock dividend $2,342,400

(1,200,000*8%*24.4)

Common Stock dividend distributable $480,000

(1,200,000*8%*5)

Paid in capital in excess of par- $1,862,400

Common Stock

Oct 1 No Journal entry

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distributable

Common Stock $480,000

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2 years ago

Suppose a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value. The Lexus sells for 6,000,000 Japanese yen i

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Answer:

1 EUR = 120 JPY

Explanation:

As the purchasing power parity theory, the exchange rate of currency 1 to currency 2 = Cost of good in currency 1 / cost of same valued item in currency 2

In this case, a Lexus LS400 and a Mercedes C300 are considered to be of equivalent value, then the exchange rate between the yen and the euro

= price of Lexus in Tokyo/ price of Mercedes in Stuttgart

= 6,000,000 JPY/ 50,000 EUR

= 120 JPY/EUR

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3 years ago