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Vaselesa [24]
3 years ago
6

Name 5 banking task that can be done online

Business
2 answers:
Schach [20]3 years ago
8 0
- Check Account Balances
-View all of your bank accounts IRA's and securities
- Send Money 
-Receive Money
- Add a new card to your account<span />
I am Lyosha [343]3 years ago
6 0

Answer:

1. Online payment of bills

2. Checking account balance

3. Stop payment request

4. Fund transfer service

5.Viewing account statement or printing bank statement

Explanation:

Online banking is also called internet banking or web banking, means conducting banking services via the internet.

1. Online payment of bills - Settlement of bills can be done online without the need to involve payment of cash, it may be telephone bills, electricity or gas bill e.t.c.

2. Checking account balance - A bank customer can check his account online to know the balance in his bank account.

3. Stop payment request - The countermand of a check can be done online, countermand means reversing an earlier mandate given to a bank, that is stopping the payment of a check.

4. Fund transfer service - Transfer of fund either between one account and the other or between a customer in one bank and a customer in another bank can be done via online banking.

5. Viewing account statement or printing bank statement - Instead of waiting for bank statement to be sent by the bank at the end of a period, through online banking, a customer can view the debit and credit in his account or even print the statement directly.  

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Comparing the horizontal analysis of​ McDonald's financial statements to the horizontal analysis of Burger​ King's financial sta
Sergio039 [100]

Answer:

The answer is B) benchmarking

Explanation:

Benchmarking is a process that involves measuring one company's success against other similar companies to discover if there is a gap in performance that can be closed by improving  performance.

8 0
3 years ago
1. Del Gato Clinic's cash account shows a $13,510 debit balance and its bank statement shows $13,575 on deposit at the close of
MakcuM [25]

Answer:

a. Record the adjusting entry related to outstanding checks, if necessary.

No adjusting entry is necessary for recording outstanding checks.

b. Record the adjusting entry related to bank service charges, if necessary.

June 30, 202x, bank fees expense

Dr Bank fees expense 20

    Cr cash 20

c. Record the adjusting entry related to Check No. 919, if necessary.

June 30, 202x, adjusting entry for mistake on recording Check No. 919

Dr Cash 9

    Cr utilities expense 9

d. Record the adjusting entry related to the June 30 deposit, if necessary.

No adjusting entry is necessary for recording deposits on transit.

6 0
3 years ago
Which of the following statements is true about skill-based pay?A. Skill-based pay provides a way to ensure that employees can u
Elena-2011 [213]

Answer:

Among the advantages of skill-based pay are the following:

Flexibility is increased by encouraging the performance of multiple tasks. It enables job rotation, and filling of temporary vacancies due, for instance, to absenteeism. It therefore contributes to a leaner workforce.

Explanation:

7 0
3 years ago
On December 31, 2013, Stable Company sold a piece of equipment that was purchased on January 1, 2008. The equipment originally c
LiRa [457]

Answer:

The company should recognize a gain on disposal of $29500

Explanation:

The straight line depreciation method charges a constant depreciation expense per year through out the estimated useful life of the asset.

The straight line depreciation expense per year is,

(Cost - salvage value) / estimated useful life

Depreciation expense = (910000 - 0) / 8   =  $113750

The number of years till 31 December 2013 = 6 years

The accumulated depreciation till December 31, 2013 = 113750 * 6 = $682500

The carrying value of the asset at 31 December 2013 = 910000 - 682500 = $227500

The gain/loss on sale = 257000 - 227500  =  $29500 gain

6 0
3 years ago
Bravo Company had a beginning Accounts Receivable account balance of $380. During the period Bravo' sold goods on account for $1
lubasha [3.4K]

Answer:

During the period was collected $1.150

Explanation:

To calculate the total amount collected must be considered the initial balance of the Accounts Receivable then add the goods sold on account and finally must be deducted the final balance of the Accounts Receivable, that difference is the total amount collected in the period by the company.

Please see details bellow:

$380  Initial account balance

$1400 goods sold

($1.150) Collected Amount

$630 ending balance

6 0
3 years ago
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