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Tomtit [17]
3 years ago
10

Jane is arguing with Joan about how much cash on hand their small retail outlet needs as they prepare their cash budget. Jane fe

els that with the Christmas season coming up, their busiest time, they need more cash handy. Joan feels they don't because their sales volume will be up significantly. Jane and Joan are discussing which step of the cash budgeting process
Business
1 answer:
eimsori [14]3 years ago
6 0

Answer: Determination of minimum cash balance required.

Explanation: In the give case, Jane and Joan have different opinions regarding the amount of cash balance they require for effectively operating their business, thus, we can say they are determining the adequate amount of cash balance required.

In this step, the operation in the past and the expected revenues in the future are taken into consideration for the budget making process.

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Which of the following executive roles is responsible for overall priority setting, project selection and prioritization, genera
SVETLANKA909090 [29]

Answer:

Letter a is correct. <u>Steering team.</u>

Explanation:

Steering team  in a project correspond to the highest hierarchy of a project, which is responsible for the decision-making process, and is composed of all representatives involved in the project, the directors, specialists and units of the company, who will join efforts to assist with methodological and technical advantages for the project to proceed as planned.

The main function of the steering teams is to monitor the project, in order to control the steps in order to carry out the project, establish the budget, support the managers, set objectives, allocate necessary resources, etc.

6 0
3 years ago
What effects did the Great Depression have on the credit industry?
koban [17]
There were no effects the great depression has on the credit industry. There was instead insider trading. people didn't care about the dangers of inside trading. But then WWII put the US back on track.

The effects Postwar Era had been good. Consumer borrowing increased. the G.I Bill was used by thousands of veterans to go to college or buy homes. Wages were mostly higher now and there were many jobs out there.
7 0
3 years ago
Answer the question on the assumption that the legal reserve ratio is 20 percent. suppose that the fed sells $500 of government
mel-nik [20]

The sale and purchase of government securities by the Fed would leave reserves unchanged.

<h3>What is the effect of the purchase and sale of government securities?</h3>

The Fed is the Central Bank of the United States. One of the duties of the Fed is to conduct monetary policies. Monetary polices are used to affect the level of money supply in the economy.

One of the monetary policy tools of the Fed is open market operation. When the Fed sells government securities, it is known as an open market sales which reduce money supply. When the Fed buys government securities, it is known as an open market purchase which increases money supply.

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. Reserve ratio is determined by the Fed.

Change in reserve = (  value of government securities bought / reserve ratio) - (value of government securities sold / reserve ratio)

($500 / 0.2) - (500 / 0.2)  = 0

To learn more about reserve ratio, please check: brainly.com/question/6831267

#SPJ1

7 0
2 years ago
Please help me!<br><br> write a paragraph on why you'd want to become a police officer
k0ka [10]

Make a list of reasons

Example: to serve and protect                

                to fight crime

                to help others

                to uphold local, state, and federal laws

                to set an example for children

               to do proactive crime prevention


3 0
3 years ago
rguments for adopting a policy rule include A. discretion avoids the straitjacket that would lock in the wrong policy if the mod
erik [133]

Answer:

C. discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.

Explanation:

Arguments for adopting a policy rule include;

- discretionary policies pursue overly expansionary monetary policies to boost employment in the short run but generate higher inflation in the long run.

- discretion enables policymakers to change policy settings when an economy undergoes structural changes.

- discretion avoids the straightjacket that would lock in the wrong policy if the model that was used to derive the policy rule proved to be incorrect.

- policy rules can be too rigid because they cannot foresee every contingency.

- policy rules do not easily incorporate the use of judgment.

3 0
3 years ago
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