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vivado [14]
1 year ago
5

3. Which of the following is not a characteristic of a typical bank savings account?(1 point)

Business
1 answer:
Leona [35]1 year ago
7 0

A savings bank account does not have a high-interest rate and the profit earned on the sale of an asset which has increased while it was owned is a capital gain. The correct option of 3 is c and 4 is b.

<h3>What is a savings bank account? </h3>

A savings account is a bank account at a retail bank. Some common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn.

Traditionally, transactions on savings accounts were widely recorded in a passbook and were sometimes called passbook savings accounts, and bank statements were not provided. But, currently, such transactions are commonly recorded electronically and accessible online.

Savings accounts normally pay interest as well.

Learn more about account, here:

brainly.com/question/22917325

#SPJ1

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__________ reverses the usual process of first designing a new​ product, determining its​ cost, and then​ asking, "can we sell i
abruzzese [7]
<span>This process of reversal of designing a new product and putting a cost on it and then questioning if they can sell it for that cost is called as Target Costing. Here in this process the price was set at the designing stage and tries to meet it to bring the organization to profits.</span>
3 0
3 years ago
Consider the subschema of a receiving clerk. The receiving clerk needs sufficient rights in her logical view to perform her duti
Semmy [17]

Answer:

In this project question we have to consider sub schema of a receiving clerk. As per the information provided in the case study the receiving clerk needs sufficient rights in her logical view to perform her duties but not given rights that she does not need. On the basis of the information given in the question right to create the receiving clerk should have for data corresponding to sales cash receipts, purchase, and suppliers. In this project question receiving clerk is using her right to create so we can say for the validation for the items received the clerk is using this right. Right to create is important as per the laws of business. Complete information should be presented by both the parties for the successful completion of the order. In this question this right is using by the receiving clerk.

7 0
3 years ago
All of the following should be considered in a make or buy decision except:_______.a. cost savingsb. quality issues with the sup
Cerrena [4.2K]

Answer:

D. the supplier will make a profit that would no longer belong to the business

Explanation:

A make or buy decision can be defined as a strategic approach pertaining to making the choice to either produce (manufacture) a product in-house (internally) or purchasing the product from an external supplier. Thus, the make component typically deals with producing the product internally while the buy component strictly has to do with outsourcing or purchasing from an external supplier.

Some of the factors to be considered in a make or buy decision are;

I. Cost savings.

II. Quality issues with the supplier.

III. Future growth in the plant and other production opportunities.

Hence, all of the aforementioned should be considered in a make or buy decision except whether the supplier will make a profit that would no longer belong to the business.

3 0
3 years ago
Consumers should be concerned about high interest rates because high interest rates __________.
svlad2 [7]
Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.
4 0
3 years ago
Help help help help
Anna35 [415]

Based on the different types of compensation and their determination, the following are true:

  • Wages - Paid by the Hour - Sarah's direct deposit.
  • Commission -  A percentage of sales - Lucinda's percentage.
  • Salary - Calculated weekly or monthly - Frank's overtime pay.  
  • Bonuses - For performance - Janet's Low Sales.
  • Profit sharing - Based on Co. earnings - Robert's year end reward.

<h3>Types of compensation </h3>

Wages are calculated by the hour and then paid to the relevant employee sometimes in cash or by direct debit. Commissions are a percentage of sales.

Salaries are calculate monthly or weekly and include overtime. Bonuses are based on performance so people who don't perform well don't get much. Profit sharing depends on how much a company makes in a year and are distributed at the end of the year.

Find out more on compensation types at brainly.com/question/6480493.

3 0
2 years ago
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