Answer:
Total reserves of banks
Explanation:
To ensure that banks are do not lend all their deposit to the public as loan, they are mandated by the regulatory authority (Federal Reserve or Central Bank) to keep a certain percentage of their deposit liabilities in a liquid form to ensure they are able to meet the daily withdraw request of their customers. The entire amount set aside for this purpose by the banking system is called Total Reserves of Banks.
When consumers make withdrawals of currency from their bank deposits, the total reserves of banks will decrease because the withdraw is coming from the bank reserve. .
Follow up and get hiring managers contact information.
Answer:
The correct word for the blank space is: Code of ethics.
Explanation:
A Code of Ethics is a collection of principles and guidelines an organization expects its employees to follow. Such codes are important to organizations as they lay down the agreed behavioral rules. A code of ethics sets out the expected conduct to be followed by professionals at all levels.
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Financial reports are created and used to evaluate the financial performance of the business. The function that is responsible for creating the reports is Financial Accounting.
One of the most important areas of a company is the financial department because it has to keep healthy numbers and finances in order to make the corporation to prosper.
Financial Accounting is the area that records and reports every single transaction of the company and then prepares all the reports needed by lay to show the transparency of the records. Among others, these reports are the cash flow statement, the balance sheet, and all the financial statements that show managers and owners how the company is doing.
Answer:
72,880
Explanation:
Given:
Taxable amounts are as follows,
2014$40,000
2015$50,000
2016$60,000
2017$80,000
Deducible amounts are as folllows,
2014$0
2015$(15,000)
2016$(19,000)
2017$0
Solution:
Taxable amount is as follows,
2014$40,000-34%-13,600
2015$35,000-38%-13,300
2016$41,000-38%-15,580
2017$80,000-38%-30,400
Therefore the deferred liability 72,880
To income tax provision 72,880
This would be shown as deferred tax liability under the long term liabilities head with amount of $72,880