Financing or consumer fraud is are Red Flags that may signal Colleague involvement in money laundering.
<h3>What is money laundering?</h3>
Money laundering is the using large amounts of money that has been collected or generated through crimes from a source that is clean or legitimate.
Example of money laundering is financing or consumer fraud where consumer is collected duly.
Therefore, financing or consumer fraud is are Red Flags that may signal Colleague involvement in money laundering.
For more details on money laundering here,
brainly.com/question/2588568
Answer:
The correct answer is letter "A": Neither Italy or New Zealand.
Explanation:
Comparative advantage is the ability of an individual or organization to manufacture its products at a lower opportunity cost than its competitors. The scenario does not imply the individual has an absolute advantage. It actually means it sacrifices less to achieve that goal.
Thus, <em>Portugal has a lower opportunity cost than Italy in producing a bottle of wine. Portugal's opportunity cost is 1/2 while Italy's opportunity cost is 2. Neither Italy or New Zealand (or any other country not mentioned in the example) has a comparative advantage in producing wine</em>.
Answer:
decrease bank reserves; decrease the exchange rate and real GDP
Explanation:
The Federal reserve uses various monetary policies to regulate cash flow in the economy with a view of managing various indices like inflation, GDP, deflation, and so on.
Interest rate is one of the monetary policies that can be used to.vonttol the economy.
When interest rate is high cost of borrowing cash from commercial banks will be high so people are discouraged from borrowing. There is higher reserve in banks, and cash flow is restricted.
However in a situation where the economy is troubled the Federal Reserve will reduce interest rate.
This results in cheaper cost of borrowing funds, commercial bank reserves will reduce because of increased outward flow of cash.
As the cash in the economy is in excess the rate at which it exchanges for foreign currencies will fall.
This in turn results in more money being spent on foreign goods and will reduce real GDP
Answer:
Debit Cash Account $370,000
Credit Common Stock Account $37,000
Credit Share Premium Account $333,000
Explanation:
Given a par value of $1, and an issue price of $10, the shares were issued at a premium of (10 - 1 = ) $9.
Therefore, the journal entry are as follows.
Debit Cash Account (37,000 * $10) = $370,000
Credit Common Stock Account (37,000 * $1) = $37,000
Credit Share Premium Account (37,000 * $9) = $333,000.