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SashulF [63]
2 years ago
13

Fourteen years ago william put money in his account at first national bank. william decides to cash in his account and is told t

hat his money has quadrupled. according to the rule of 70, what rate of interest did alfred earn?
a. 5 percent
b. 10 percent
c. 14 percent
d. 7 percent
Business
1 answer:
ch4aika [34]2 years ago
5 0

<span>In the Rule of 70 you will get the length of time your money will double by dividing 70 by the growth rate. In here the money quadrupled after 14 years therefore it was doubled by its 7th year.  The rate can be computed as 70 divided by 7 and that is 10%. The answer is letter B.</span>

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a segregation of duties among employees always eliminates the possibility of collusion. group of answer choices true false
ozzi

Dividing tasks between employees always eliminates the possibility of collusion, but this is wrong.

Segregation of duties is important for effective internal control because it reduces the risk of errors or improper conduct. Preventing collusion helps fight fraud.

Separation of duties is an important practice to reduce the occurrence of errors and fraud by ensuring that employees do not have the opportunity to commit or conceal errors or fraud in the performance of their duties. That is internal control.

Separation of duties reduces the risk of fraud or misconduct as each affected employee has access controls and restrictions in place. Task division is delegating different steps of the process to different people to delegate important functions.

To learn more about collusion

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7 0
1 year ago
Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1st. Givens Brick Company signs a $600,000, 8%, 9-mon
NeTakaya

Answer:

The journal entry for the issuance and the proceeds of the note is shown below:

Explanation:

Cash A/c.........................Dr   $600,000

    Notes Payable A/c......Cr  $600,000

The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.

7 0
2 years ago
A blue-collar worker is someone in a professional or clerical job who usually earns a salary.
VARVARA [1.3K]
Yes that is correct
3 0
3 years ago
Dana has standard consumer preferences over two goods: hours spent watching football (W) and hours spent playing football (P). H
Aleks [24]

Answer:

The correct option is Dana might be indifferent between C, A, and B.

Explanation:

Note: See the attached photo for the indifference curve showing points A, B and C.

The answer can be explained using an indifference curve.

An indifference curve is a graph that depicts the combination of two commodities that provide equal satisfaction or utility to the consumer. A consumer is indifferent between the two commodities at each point on an indifference curve because all points on the curve provide him with the same level of satisfaction or utility.

In the attached photo, bundles A, B and C are plotted as points on the same indifference curve (IC). Since points A, B and C are on the same IC, it therefore implies that Dana might be indifferent between C, A, and B.

Therefore, the correct option is Dana might be indifferent between C, A, and B.

4 0
3 years ago
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Lapatulllka [165]

Answer:

The tax deduction of the contributions.

Explanation:

The claiming of tax deduction of all money raised for the natural disaster in California. Since the Ladies Aid Society is presumably, a non-profit organization then its contributors may claim tax deduction, on their contributions according to Iowa State.

3 0
3 years ago
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