In a financial service transaction, it is required the customer provides a valid form of photo identification (true), it is not possible to proceed without an identification (false), and the real physical address of the customer is required (true).
A financial service transaction is a service that allows customers to send money or receive money. This service has become quite popular in the last years, and many banks around the world offer it.
Moreover, there are specific rules and protocols for financial transactions as identity theft and fraud are possible. These rules include:
- Asking customers for a valid form of photo identification such as showing their ID to prove the identity of the customer
- Asking the customer for his ID and refusing to continue with the transaction if the ID is not shown or the customer refuses to give necessary information to validate his/her identity
- Asking for the physical address of the customer and not accepting a general address or a post office box address
Based on this, the first statement is true, the second one is false and the third one is true.
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Answer:
Option (B) is correct.
Explanation:
Given that,
Total assets (Beginning) = $800,000
Total assets (Ending) = $900,000
Net income = $85,000
Sales = $1,700,000
Average assets = [Total assets (Beginning) + Total assets (Ending)] ÷ 2
= [$800,000 + $900,000] ÷ 2
= 850,000
Purdy's asset turnover:
= Sales ÷ Average assets
= $1,700,000 ÷ 850,000
= 2
Answer:
Political events like a candidate rally are particularly tricky for companies, and sponsoring them could result in a lot of consumer backlash, specially from the people who are not affiliated to the sponsored politician or political party.
This is why many companies avoid political sponsorships or political statements, because politics is a very divisive issue, and while such an action could earn the company the loyal following of a few, it could also discourage a lot more people from ever buying their products.
D I had this on a test and got it right