Answer: B) GNMAs are considered to be the riskiest of the agency issues
Explanation:
The Government National Mortgage Association (GNMA) or <em>Ginnie Mae</em> as they are popularly known, are a Federal agency that guarantee the payment of interest and principal on securities by lenders that are approved by the Agency.
As a result, these securities are backed, like Treasury Bills, by the full faith and credit of the United States Government which means that they are the safest of Agency issues.
Answer:
Establishment of the national bank
- Eventually issued paper money, handled tax receipts and other government funds.
Explanation:
The adoption of Hamilton's debt plan impacted financial solvency the most because in this plan Hamilton proposed to pay off the foreign debt and to issue new bonds to cover the old ones. He also proposed that the federal government would assume all state debt, giving creditors an incentive to support the new government and he proposed a National Bank.
Answer: No statutes presently require websites to have or disclose a privacy policy.
Explanation:
A Privacy Policy refers to a legal document or statement which states how an organization or website collects, and processes the data of the visitors and the customers.
The FTC Act is an act regarding the unfair practices in commerce. The Electronic Communications Privacy Act was put in place so as to prevent the unauthorized access of the government to private electronic communications.
Based on the options given, there is no statute that requires Burns to have and disclose a privacy policy to anyone using the website. Therefore, the answer is D.
Answer: $25,000
Explanation:
When a company owns less than 20% of another company and receives dividends from that company, they are allowed to deduct 50% of that dividend for tax purposes.
Bay Fig owns 10%(less than 20%) of the domestic corporations so qualifies for the 50% reduction:
= Dividends * 50%
= 50,000 * 50%
= $25,000
Answer:
c. a petty cash voucher.
Explanation:
For controlling the inventory following documents are to be used i.e.
1. Purchase order
2. Vendor invoice
3. Receiving report
These three documents we called as an voucher package
But it does not involved the petty cash voucher
Therefore the correct option is c.
And, the same is to be considered