How can dishonest behavior affect your career

The three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert ___

Vladimir [108]

Answer:

The correct option is b) USD to GBP; GBP to CHF; CHF to USD.

Explanation:

A triangular arbitrage can be described as the act of taking advantage of a foreign exchange market arbitrage opportunity created by a pricing difference between three different currencies.

A triangle arbitrage method entails three deals, with the first currency being converted to a second, the second currency being converted to a third, and the third currency being converted to the first.

In the question, USD is the first currency, GBP is the second currency, and CHF is the third currency. Based on the explanation above, the three steps which will create triangular arbitrage profit are as follows: first step, convert <u>USD to GBP</u>; second step, convert <u>GBP to CHF</u>, and third step, convert <u>CHF to USD</u>.

Therefore, the correct option is b) USD to GBP; GBP to CHF; CHF to USD.

7 0

3 years ago

A(n) _____ is a business organization formed under federal tax law that is considered a corporation but is taxed like a partners

valentinak56 [21]

A business organization that is formed under federal tax law is the Limited Liability Company which is considered a corporation but is taxed like a partnership.

There are some legal rules that are made by the higher authority, in which it is stated how much the state, local, and federal governments will apply the charge to the individual.

These rules are known as the tax law. Apart from the charges it also covers various things, such as procedures, policies, and penalties that are in the context of everything that has to do with tax issues.

Thus, a Limited Liability Company can be considered a corporation but is taxed like a partnership.

Learn more about Limited Liability Company from here:

brainly.com/question/18567855

#SPJ4

3 0

2 years ago

What are credit cards? Why do people use them

MArishka [77]

A secured card requires a cash deposit, usually equal to your credit line. The deposit protects the card issuer in case you don't pay your bill. Since the deposit reduces the risk to the issuer, credit card companies are more willing to give these cards to people with bad credit or no credit.

6 0

3 years ago

Read 2 more answers

There will be a higher equilibrium price and lower quantity if _____.

Slav-nsk [51]

Answer:

Reduction in supply

Explanation:

Equilibrium is when demand matches supply. At the equilibrium price, the market has no excess demand or supply or demand. Changes in either supply or demand affects the equilibrium price and quantity.

A reduction in supply while demand remains constant results in buyers competing for few products in the market. A scarcity will emerge as the supply cannot satisfy demand. The supply curve shifts outwards or to the right creating a new equilibrium point. The new price will at a higher point in the graph, and the quantity will decrease.

6 0

3 years ago

Contours, Inc., knows each drill bit can cut approximately 100,000 holes before the hole size is smaller than the print specific

anzhelika [568]

Answer:

A. Concurrent Control

Explanation:

Management control represents organisational effort to set objectives and design adequate monitoring mechanisms to be able to constantly compare actual performance of systems to the set objectives or standards. In situations where deviations are recorded, adequate mechanisms are put in place to measure the level of the deviations and also take corrective actions.

There are three different types of controls that an organisation can employ in its strategic management efforts. They include Feedforward, Concurrent and Feedback Controls. Controls are meaure taken by organisations focusing on

The feedforward control concentrates on input regulation to ensure that predetermined objectives and performance standards are achieved with little or no deviations. Feedforward system is also called a preventive, steering and a predictive system. It ensures that resources such as finance, human and capital resources are adequately regulated.

The feedback system waits for the output of processes to find out if there were deviations in the performance standard set or not. If there were deviations, then controls are put in place to ensure that the next batch of production meet standard.

Concurrent Control on the other hand, is a control system that seeks to ensure that adequate output and performance standard is maintained by regulating ongoing processes to ensure conformity to standard. It is also called the screening or yes-no control. It also requires a close monitoring of the tasks and activities on-going and making relevant queries to stop deviations or minimize deviations

Contours, Inc already knows that the limit of the drill bit is 100,000 holes and if allowed to reach this limit, the out in form of hole sizes will deviate from the standard, it will be smaller than the expected specification. Contours is therefore ensuring that the drill does not get to its limit by changing the bit at 95,000 uses to ensure that standards are met and deviations are avoided.

This is the concurrent control, the yes-no query is this:

Are we at 95,000 drills? If yes, change the drill, if no, continue the drilling

Of course, it will cost Contours more financial obligation because, the drill can still make about 5,000 holes before it deviates but it is a chance the organisation is not ready to take.

0 0

3 years ago