Answer:
Revealed by
Explanation:
The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document
Therefore the concept i.e used to determine the classification of derivatives is revealed by concept
<span>France and Belgium wanted Germany to pay for the entire financial cost of the war
</span><span>The "War guilt clause" </span>placed sole responsibility for the war on Germany and said that they must pay back the allies for the war expenses. It <span>was a statement that Germany was responsible for beginning World War I.</span>
Answer:
E) None of the above
Explanation:
Calculation to determine What is your profit from implementing this strategy
Profit={[($10,000/$1.62)*$2.95]*$.55}-$10,000
Profit =[( £6,172.84 *2.95) *$.55]-$10,000
Profit=( NZ$18,209.88 x $.55)-$10,000
Profit = $10,015.43-$10,000
Profit=$15.43
Therefore your profit from implementing this strategy is $15.43
Answer:
Option D. The deposits in transit are added to the balance per the bank statement, and outstanding checks are deducted from the balance per the bank statement during the bank reconciliation process.
Explanation:
The reason is that the bank balance as per business books are kept updated according to their knowledge of the transaction verified and bank keeps its business books updated according to its knowledge of the verified transactions.
When the customer presents the check to the business, the business increases its bank balance as per its books and at this point the bank doesn't know whether there is any monetary transaction actually taken place or not. So the bank hasn't altered the business bank balance in their books of accounts. This means the bank is overstated by the deposit in transit and for reconciliation sake we will have to add it to balance as per bank to tally it with the balance as per the business.
Similarly the Outstanding checks which is also known as unpresented checks are the money not yet withdrawn from the business bank account but is actually deducted from the bank balance as per the business books because the payments that the business makes actually records it. This means that the bank balance as per business books are lower than the balance as per the bank and for reconciliation sake we will have to deduct it from the balance as per bank to tally it with the balance as per the business.
B.) It grows savings at a faster pace.
The interest rate determines how much money a bank pays you to keep your funds on deposit. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year. -Discover.com
