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3 years ago

Effective notes do NOT __________.

Business

1 answer:

shutvik [7]3 years ago

4 0

Answer:

a. <u>include very detailed descriptions and explanations</u>

Explanation:

Effective notes prepared from a lecture or reading material should ideally include concise, brief, to the point explanations, laying emphasis on main headings and main concept lines.

The objective of preparing notes is to reduce massive content into small easy to recall content which can be readily referred to as per the need.

Neat, well organized, concise comprising of key words and important information would make for an effective note. Preparing lengthy notes with detailed explanations and unnecessary information would be a wasteful exercise.

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Which of the following is true of source documents in an accounting information system?

MA_775_DIABLO [31]

Answer:

a. Source documents provide control and reliability in an accounting information system.

Explanation:

The source documents are the documents that support all types of business transaction. It can be in terms of bank statement, purchase order, sales order, supplier invoices, etc. It can also known as vouchers

With the help of the source documents the accounting system provides the reliable and controlling of transactions

This is the first step to verify the transactions after that recording, posting of transactions could be done.

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3 years ago

Write a summary of the following passage: Full-time employees earn vacation days at the rate of one day per month, or twelve day

Oduvanchick [21]

Full time employees are allowed a vacation they earned at the rate of one day per month at anytime, with a request submitted at least three business days minimum before the vacation period. failure to submit within the this time frame might cause denial of the vacation.

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3 years ago

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

jasenka [17]

Answer:

The book gives a clear knowledge of marketing at both the strategic and conceptual level as well as the ____.

tactical, hands-on level

Explanation:

At the highest level of marketing management is the strategic level, which is more conceptual. Down the scale is the tactical marketing plan, which specifies the marketing tools and techniques which a company will use to meet its marketing goals. At this level, the tactical tools in use include advertising, sales promotions, and other activities that directly implement the strategic marketing plan. The tactical level reduces the business strategic goals to marketing objectives.

3 0

3 years ago

he Yachtsman Fund had NAV per share of $36.12 on January 1, 2016. On December 31 of the same year, the fund's NAV was $39.71. In

photoshop1234 [79]

Answer: 14.84%

Explanation:

To calculate the rate of return the investors received we will do a simple return formula to find out by how much, in terms of the Opening NAV, the fund has increased.

To find out how much the fund has increased by we can add up all the figures then deduct the opening balance.

= 39.71 + 0.64 + 1.13 - 36.12

= $5.36

$5.36 is the how much the fund has increased by.

Expressing it in percentage of the opening NAV per share we have,

= 5.36/36.12

= 0.14839424141

= 14.84%

14.84% is the rate of return that an investor received on the Yachtsman Fund in 2016.

7 0

3 years ago

If total deposits in bank A total $15 million and the required-reserve ratio is 10 percent, than excess reserves equal:_______

victus00 [196]

Answer:

$13.5 million

Explanation:

Fractional Banking System- This is banking system where banks are required by the central banking authority to keep a certain percentage of their total deposit as the minimum reserve which they cannot lend out.

The idea behind this requirement is to help manage liquidity risk- a situation where a bank does not have enough cash to meet its deposit customers demand.

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$15 million= $1.5 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

Excess reserve = $15 million - (10% × $15 million)

= $15 million - $1.5 million

= $13.5 million

7 0

3 years ago