As a student who has invested more time and effort in my studies to excel a receive good grades, bragging rights as the best in a subject, and a prize/scholarship.
<h3>What is Academic Excellence?</h3>
Academic excellence can be defined as performing exceptionally well in all subjects, students who attain this foot are known to put a lot of effort into their education by burning late-night candles.
A notable rewards student often get for Academic Excellence is a scholarship
Learn more about Academic Excellence here:
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Answer:
(A) The nine-month statement should first be annualized.
Explanation:
In accounting when preparing financial statements there is a standard period of financial statements that should be adhered to. The financial statements should be of the same duration. So comparing a nine month financial statement to a twelve month financial statement is against standard accounting practices.
Moreover it will not give a clear picture when comparism is done this way. For example if two companies both have income of about $1,000,000 and financial statements of nine and twelve months are compared. The company with nine months financial statement will show lower income than the one with twelve month statement, and this is not the reality.
So the nine month statement should be annualised to ease comparability.
Answer: c). Required reserves = $0
Explanation: Reserve requirement is a Central Bank mandate imposed on all banks under which they must keep a certain fraction of their deposits as reserves with the Fed. These reserves are known as Required reserves.
Since, in this case the bank is borrowing $100,000 from the Fed it does not have to keep any reserves on this amount. Reserves are to kept only from deposits that the Bank has and not from loan borrowed by the bank.
Thus, the correct option will be required reserves is $0.
Answer:
Multinational firm operates in many countries and in all those countries, it organizes marketing research the same way as it has a centralized system in one head office country. Marketing research is done through a one system central approach and decisions are taken by the head office or parent.
Transnational firm operates in many states but without a central system and marketing research relates to a single unique market environment so each firm in each country has its own market research.
Explanation: