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2 years ago

1. What does reconciling an account involve?

Business

2 answers:

kondaur [170]2 years ago

5 0

1. The answer is<u> "A. checking one's financial records against the bank’s".</u>

Reconciling an account frequently implies demonstrating or reporting that a record balance is right. For instance, we accommodate the parity in the general record account Cash in Checking to the equalization appeared on the bank articulation. The goal is to report the right sum in the general record account Cash in Checking. You will regularly need to modify the general record account balance for things showing up on the bank explanation that were not entered in the general record account.

2. The answer is <u>"b. They last for a set period of time".</u>

A certificate of deposit (CD) is a funds declaration with a settled development date and indicated settled financing cost that can be issued in any category beside least venture necessities. A CD confines access to the assets until the point that the development date of the venture. Certificates of deposit are for the most part issued by commercial banks and are protected by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per person.

kozerog [31]2 years ago

4 0

The first one is A) checking one's financial records against the bank’s

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You have been asked to advise the Akawini management team how they should promote and monitor the transformation of risk managem

Temka [501]

Answer with Explanation:

To transform the risk management and promote the transformation process, Akawini must:

Implement Corporate Governance policies and enforce compliance with these guidelines.
Consistent Internal Control Reviews by conducting internal audits.
Compliance with the Sarbanes Oxley Act and Foreign Corrupt Practice Act will enable the risk management team to consider a wider aspect of its operation which includes domestic and foreign export policies enforcement.
Continuous Professional Development and advanced training will help them to act very efficiently and effectively minimize the level of risk the company is facing.

The progress is the process of movement towards achievement of goals and performance is the better movement towards achievement of goals.

To measurements that can be used to monitor progress and performance would be use of Key Performance Indicators and comparing the results with the actual results of company. This would help in understanding the under-performing areas and hurdles to progress. Some KPIs that the risk management team can consider are Value at risk reduced, risk threshold set, Risk to Rewards Ratio, etc.

Cost and Benefits of risk mitigation analysis will also be beneficial here because it helps the risk management team to consider the financial aspect of the decision making and thus helps in adding value to the business operation.

6 0

2 years ago

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.

irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

#SPJ4

5 0

1 year ago

Analyse the work done by business administrator

Olenka [21]

Answer:

<h3>Also known as business operations managers or business directors, business administrators are involved in monitoring day-to-day business operations, interacting with external partners, improving business and employee performance, negotiating contracts, and analyzing financial data.</h3>

3 0

2 years ago

Esmerelda simplified a complex fraction. Her work is shown below. What errors did Esmerelda make? Select three options. Esmere

Schach [20]

Picture relating to the question is attached below :

Answer:

Esmerelda did not use the recipro al of the Divisor.

Esmerelda added the numerator

Esmerelda added the denominator

Explanation:

Esmerelda's work:

-5 1/4 ÷ 3/2= -21/4 ÷3/2 = (-21/4)(3/2) = -24/6 = - 4

Esmerelda's errors:

When changing the quotient sign to multiplication ; the reciprocal of the denominator should be used to divide the numerator :

Hence,

-21/4 ÷3/2 = (-21/4)(3/2) (wrong expression)

-21/4 ÷3/2 = (-21/4)(2/3) (correct expression)

Also,

(-21/4)(3/2) = -24/6 ( wrong simplification)

The bracket symbol indicates multiplication. Hence, the values should be multiplied. The two Numerator values and the two denominator values.

5 0

2 years ago

Read 2 more answers

Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on

oksano4ka [1.4K]

Answer:

a) $P(t=100) = 7 e^{0.03*100}=140.599 billion$

b) $P(t=0) = 7 e^{0.03*0}=7 billion$

$P(t=1) = 7 e^{0.03*1}=7.21 billion$

$P(t=2) = 7 e^{0.03*2}=7.43 billion$

$P(t=10) = 7 e^{0.03*10}=9.45 billion$

$P(t=25) = 7 e^{0.03*25}=14.82 billion$

$P(t=50) = 7 e^{0.03*50}=31.37 billion$

c) Figure attached

d) Figure attached

Explanation:

The proportional model on this case would be given by:

$\frac{dP}{dt} = kP$

Where P is the population size, t the time on years and k a constant.

We can reorder this expression like this:

$\frac{dP}{P} = k dt$

If we integrate both sides we got:

$ln|P| = kt + C$

And using exponentials on both sides we got:

$P(t) = e^{kt} e^C = P_o e^{kt}$

Where $P_o=7 billion$ represent the initial amount for the starting year t=0.

The rate on this case is given $r =3\% = 0.03$ , so then our model would be given by:

$P(t) = 7 e^{0.03t}$

Part a

For this case we just need to replace t=100 and we got:

$P(t=100) = 7 e^{0.03*100}=140.599 billion$

Part b

For this case we have the following:

$P(t=0) = 7 e^{0.03*0}=7 billion$

$P(t=1) = 7 e^{0.03*1}=7.21 billion$

$P(t=2) = 7 e^{0.03*2}=7.43 billion$

$P(t=10) = 7 e^{0.03*10}=9.45 billion$

$P(t=25) = 7 e^{0.03*25}=14.82 billion$

$P(t=50) = 7 e^{0.03*50}=31.37 billion$

Part c

The graph is on the first figure attached.

Part d

If we take a log-log scale we have the following values

We need to exclude the point t=0 since the natural log for 0 is not defined.

ln 1 =0 , ln 2= 0.693, ln 10=2.30, ln 25 =3.22, ln 50= 3.91

The result would be the figure 2 attached. And we see a better result for the graph.

3 0

2 years ago