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aleksklad [387]
3 years ago
13

To make sure your money is protected by insurance what should you find out about your bank

Business
2 answers:
katen-ka-za [31]3 years ago
8 0

Answer:

Check  whether the Federal Deposit Insurance Corporation (FDIC) and the Securities Investor Protection Corporation (SIPC) insures  your bank or savings association.

Explanation:

The FDIC is an independent agency of the U.S. government, but its funds come entirely from insurance premiums paid by member firms and the earnings on those funds. However, the FDIC is backed by the full faith and credit of the U.S. government. Since its creation in 1934, there has never been a loss of insured funds to a depositor of a failed institution.

The FDIC protects depositors of insured banks located in the United States against the loss of their deposits if an insured bank fails.

Any person or entity can have FDIC insurance coverage in an insured bank. A person does not have to be a U.S. citizen or resident to have his or her deposits insured.

Semenov [28]3 years ago
6 0
FDIC Hope this helps?
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All of the cells in the body need oxygen. Hemoglobin molecules in red blood cells transport oxygen through the bloodstream. Oxyg
OleMash [197]

Answer:

D. the high partial pressure of oxygen in the lungs

Explanation:

  • As the cells of the human body are made of the Hemoglobin molecules that transport this red blood to the bloodstreams.
  • Due to the presence of the dissolved oxygen concentration in the body that these molecules in the lungs are unloaded and then merges with the tissues.
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3 0
4 years ago
Jake is a highly qualified individual. He recently had an interview for the position of a bank manager. The interview went well.
dsp73
He may be over qualified so they dont think he'll stay long, or he may have had past money problems meening he wouldnt be trust worthey anoth.

hope that helps :)
4 0
3 years ago
You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and
Vinil7 [7]

Answer:

B. your demand for peanut butter increases today.

Explanation:

7 0
4 years ago
which of the following is not true about the allowance for doubtful accounts? It is used instead of reducing accounts receivable
Amanda [17]

Answer: what is not true about Allowance for doubtful accounts is that ----It is a liability account

Explanation:

Allowance for doubtful accounts is a contra-asset account that shows only amounts expected to be paid by negating the total receivables recorded on the balance sheet.

The allowance for doubtful accounts is credited when bad debts expenses are recorded and debited when uncollectible accounts are written off.

In summary, Allowance for doubtful accounts estimates the amount of accounts receivable expected but will not be paid by customers.

5 0
3 years ago
Stacey's Piano Rebuilding Company has been operating for one year. At the start of the second year, its income statement account
cluponka [151]

Answer:

Net income $2,950

Explanation:

Stacey's piano rebuilding company

Income statement adjusted for the month of January

Operating revenue

Rebuilding fees revenue. $19,000

Total operating revenue. $19,000

Operating expenses

Wages expense. $16,500

Utility expenses. $400

Total operating expenses $16,900

Operating income. $2,100

Other item:

Rent revenue. $850

Net income. $2,950

3 0
3 years ago
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