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saw5 [17]
3 years ago
7

What is the main purpose of the FDIC?

Business
2 answers:
Anna11 [10]3 years ago
6 0

Answer: To insure bank deposits

Explanation:

This is a body established by law and charged with the responsibility of providing insurance cover for depositors fund saved in the commercial banks and other financial institutions in the country. It is a body set up with the aims of ensuring that depositors can sleep with their two eyes closed without having to entertain any fear about the safety of their hard earned money which they had saved in the banks.

One of the main functions of commercial banks is to accept deposit from their customers and assist them in keeping the money. Therefore, there may be occasioned whereby banks may go into liquidation or been in a state of distress either due to the mismanagement of the banks by the board of directors of the banks or due to all other factors. FDIC is there to ensure that depositors do not lose all their hard earned money due to the liquidation of the banks concerned in the country by ensuring that they are paid their money.

viva [34]3 years ago
4 0

Answer:

To insure bank deposits.

Explanation:

After the great depression the FDIC was created to insurance bank deposits and to give  stability and security to the financial system

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A local movie theater had small cups of popcorn sitting on the counter where patrons purchased tickets. The cups were called "co
Gala2k [10]

Option D

This procedure is most similar to: reinforcer sampling.

<h3><u>Explanation: </u></h3>

A method that permits an individual to get in association with a potential reinforcer to encounter the concrete aspects of the stimulus. The method helps develop new reinforcing outcomes for a given individual.

Reinforcer sampling includes composing freely accessible a piece of a potential reinforcer to improve the probability that the importance and power of the reinforcer will be maximized when it is performed available contingently.  Reinforcer assessment transfers to the observation-driven or interview-based analysis of the relevant power of stimuli.

7 0
3 years ago
Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 4,800 5,500 5
alexgriva [62]

Answer: 4,975 units

Explanation:

Budgeted production in July = Sales forecast for July + Ending inventory for July - Beginning inventory

Beginning inventory = 25% of July sales

= 25% * 4,800

= 1,200 units

Ending inventory = 25% of August sales

= 25% * 5,500

= 1,375 units

Budgeted production is therefore:

= 4,800 + 1,375 - 1,200

= 4,975 units

5 0
3 years ago
Under NASAA Statements of Policy on Dishonest and Unethical Business Practices by Broker-Dealers and Agents, which of the follow
kap26 [50]

Answer:

B) II & IV

II. The Agent of the Broker-Dealer would be allowed to provide a potential customer with such a sales piece or summary if it does not omit any relevant information that the client would need to determine if they would like to buy the security.

IV. The Agent of the Broker-Dealer, when creating a summary or sales piece, is required to present a fair and balanced presentation of all material information from the prospectus.

Explanation:

Under North American Securities Administrators Association (NASAA) rules, when an agent or a broker-dealer creates a summary sheet or sales piece, it must include a fair and balanced presentation of all the important and relevant information that their client may need to be able to make a decision as to whether or not they want to purchase the security. Obviously the client trusts his/her agent, but the client must be given all the information necessary for him/her to decide whether the agent's advice should be followed or not.

5 0
3 years ago
a common trait of corporate distribution systems, administered distribution systems, contractual distribution systems and supply
Leni [432]

Answer:

They all try to improve the efficiency and effectiveness of the distribution systems linking the firms together in a formal and mutual relationship.

8 0
3 years ago
In a small country, the adult population equals 10,000. In that country, 10,000 people are in the labor force and 7000 people ar
Neporo4naja [7]

The unemployment rate is calculated by dividing the overall labor force's size by the number of jobless people, then multiplying the result by 100.

In light of the incomplete facts, the answer is: it is unknown.

<h3>How is the size of the labor force determined?</h3>

An estimation of the size of the labor force in an economy is the labor force participation rate. The calculation is the proportion of the working-age non-institutionalized population, aged 16 and older, who are employed or actively looking for work.

<h3>How are the numbers for those not working determined?</h3>

Divide the total civilian noninstitutional population by the number of people who are employed or actively seeking employment to find the formula for the labor force participation rate.

To know more about unemployment rate visit:-

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3 0
1 year ago
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