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gladu [14]
3 years ago
6

What is the main difference between credit unions and banks?

Business
1 answer:
LenKa [72]3 years ago
7 0

Answer:

Banks are for profits; Credit unions are non-profit organizations.

Explanation:

The main difference between credit unions and banks is that while credit unions are non-profit making institutions, banks are for profits.

Credit unions, in general, have better customer service than banks. They charge lower transaction fees but have higher interest rates.

Banks have higher transaction fees but lower interest rates compared to credit unions.  Due to their profit motives, banks will offer more convenience. They have more branches to cover different locations. They offer a wider range of products and services and operate on advanced technology.

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According to "sleep rules raise trucking costs," in 2013 the federal motor carrier safety administration estimated the new rules
erik [133]
The government really just expected reduced highway fatalities.  Even though that it costs these multibillion dollar companies a little more to let their drivers rest, it sill makes the roads safe for all drivers.  Driving while tired is almost as bad as driving under the influence, so making sure that these truck drivers get sleep make sure everything is super safe for everyone. 
5 0
3 years ago
A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income f
lbvjy [14]

Answer:

Net income for the current period is $2,350.

Explanation:

Calculation of Net Income for the Current Period.

                                                                    $               $

Fees earned                                                             7,250

Less Expenses :

Rent expense                                           1,300

Salaries expense                                     2,300

Utilities expense                                         345

Insurance expense                                    650

Supplies expense                                        115

Depreciation expense—equipment          190   (4,900)

Net Income / (Loss)                                              2,350

3 0
3 years ago
More Parts Liquidators specializes in buying excess parts inventories for resale or to incorporate into other products. They rec
Alla [95]

Answer:

Sell the parts without any processing because the profit is higher ($20,000 vs $15,000)

Explanation:

they have two options:

  • option A, sell the parts as they are and make $20,000 in profits (= $120,000 - $100,000).
  • option B, further process the parts by spending $75,000 and sell them for $190,000, and make only $15,000 in profits (= $190,000 - $100,000 - $75,000).

The best option is A, to sell the parts without any processing because the profit is higher and they do not have to spend more money.

6 0
3 years ago
The process of gathering information and deciding who should be hired, under legal guidelines, in the best interest of the organ
RoseWind [281]

Answer is process of selection.

The selection process is the process of identifying and shortlisting the best candidates with the necessary qualifications and the skill set to fill unfilled jobs in a company. The selection procedure varies by industry, firm, and even across divisions within the same organization.

Every firm builds its selection process with the urgency of employing individuals and the requirements for the job vacancy in mind. Preliminary interview, screening of applicants, employment tests, selection interview, validations and recommendations, medical exam, and ultimate decision are the stages required in the selection process.

Therefore, the answer is selection process.

To know more about selection process click here:

brainly.com/question/17174893

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6 0
2 years ago
7.Which of the following customers are the most valued by a business? A. Average B. Major C. Below-average D. Loyal
alisha [4.7K]

7. a) Loyal customers are most valued because they continue to bring business over time

9. b) quality costs are all the costs that results from defects and that are incurred to prevent defects.

14. b) inseparability

16. a) fluctuating demand (fluctuation means change/going up and down)

19. a) one seller and many buyers.

6 0
3 years ago
Read 2 more answers
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