A signature card is a document that a bank keeps on file with the signatures of all the authorized people on that account. ... In other words, a signature card is a fraud prevention tool that a bank uses to make sure unauthorized people aren't forging checks in the company's name.
Answer:
increase transfer payments
decrease taxes
Explanation:
A recession is when the GDP of a country for two consecutive quarters is negative
to help a country out of a recession, expansionary fiscal policies have to be undertaken
Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
increasing interest rate is a monetary policy
Good recordkeeping helps protect assets and helps managers <u>monitor company activities.</u>
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What are the benefits of good recordkeeping?
- Good records will help you do the following:
- Monitor the progress of your business.
- Prepare your financial statements.
- Identify sources of your income.
- Keep track of your deductible expenses.
- Keep track of your basis in property.
- Prepare your tax returns.
- Support items reported on your tax returns.
- Save time and costs
- Prevent loopholes and oversight
- Prevent fraud or theft
- Comply with laws
- Make business decisions
- Different countries have different regulations depending on the local laws stipulated by the government.
- It is important for you to do substantive research and ensure that your company’s current record keeping system is compliant with the country regulatory requirements.
To know more about good recordkeeping, refer:
brainly.com/question/11145292
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Answer:
the company will have an operating income of $24,200 at sales level of $95,000
Explanation:
<u>Target profit formula:</u>
Fixed cost 29,000
Sales revenue 95,000
Contribution Margin Ratio 56% = 0.56
from each dollar of sales 56 cents remains to afford fixed cost and make a gain:
95,000 x 0.56 = 53,200 contribution
less 29,000 fixed cost = 24,200