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Margarita [4]
4 years ago
15

How is a savings account most useful?

Business
2 answers:
Ksenya-84 [330]4 years ago
6 0

The fourth answer is correct (D).

The savings account is an investment that generates little income. To make long-term investments, there are other options that give a better return.

However, this type of account serves so that the money that will be used in the short term has at least some income. In other words, if the investor is sure that he does not need the liquidity of the money, he can apply in bonds, debentures, shares, etc. If the investor has money that needs to be kept liquid to be used soon, the best option is the savings account.

JulsSmile [24]4 years ago
6 0

How is a savings account most useful?

for saving for a long time without withdrawing

for depositing and withdrawing money frequently

for using money for CDs and other investments

<u>D. for using money in the near future but not right away</u>

<u></u>

<u></u>

this is correct on edge 2020

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Credit sales are recorded as: Multiple Choice Debit Accounts Receivable, credit Service Revenue. Debit Cash, credit Deferred Rev
avanturin [10]

Answer:

Debit Accounts Receivable, credit Service Revenue

Explanation:

Debit Accounts Receivable, credit Service Revenue.

This shows that the sales have been made and we have an asset account that is accounts receivables.  Sales Revenue has been earned that will be adjusted through Accounts Receivable accounts. Sales Revenue is an income account and Account receivable is an asset account.

Some credit Sales have terms such as interest income terms that an amount will be received once a fixed time period is over if the payment is not made.

7 0
3 years ago
Explain two causes of an increase in the quantity of labour​
gayaneshka [121]

Two causes of an increase in the quantity of labour are:

  • more favourable labour laws
  • an increase in immigration into a country.

<h3>What are the causes of an increase in the quantity of labour?</h3>

When the quantity of labour increases, it means that the labour available in the labour market has increased. An increase in the quantity of labour is sometimes a positive indicator because it means that more production activity can be undertaken.

When a government enacts favourable labour laws, it encourages discouraged workers to re-enter the labour force. For example, if the government increases the minimum wage, more people would be encouraged to work.

Also, immigration increases the quantity of labour. Immigration is when people move from one country to another.

To learn more about labour, please check: brainly.com/question/24052963

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8 0
2 years ago
The practice of buying goods and services now and paying for them later is termed:______
sesenic [268]

The practice of buying goods and services now and paying for them later is termed is<u> Bartering</u>.

A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.

In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.

A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.

The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.

To learn more about Bartering here

brainly.com/question/14903216

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7 0
2 years ago
In a student survey, sixty part-time students were asked how many courses they were taking this term. The (incomplete) results a
Alex

Answer:

The percent of students who take exactly three courses =

31.67%

Explanation:

a) Data and Computations:

# of Courses    Frequency    Relative Frequency    Cumulative Frequency

    1                         22                0.3667                         22

   2                         19                 0.3167                           41

   3                         19                 0.3167                          60

Number of part-time students surveyed = 60

Students who take 1 course = 22/60 * 100 = 36.67%

The cumulative frequency for 1 course is 22 students.

The frequency of student who take 2 courses = 19(41 - 22)

Therefore, the frequency of students taking 3 courses = 19 (60 - 41) and

the relative frequency of students who take 3 course = 19/60 * 100 = 31.67%.

6 0
3 years ago
What does the word "Friend" mean?
sukhopar [10]

Answer:

I'd say someone of close acquaintance that you can talk to and confide in. Someone that is loyal and you can trust.

6 0
3 years ago
Read 2 more answers
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