1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.  

You might be interested in
RexCo and Wilkinson Motors agree to contract online. Both companies agree to an encryption security procedure to verify changes
alexira [117]

Answer:A. Be able to avoid the effect of the error.

Explanation:Encryption of data or security is a process used or adopted by computer system experts or developers in order to encode or block access of other persons or organizations to an organization's information or security systems to prevent data or security breach.

The impact of the error made RexCo's information-processing can be avoided by Wilkinson Motors,this can happen because both have the password or code to gain access to the system.

8 0
3 years ago
Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indir
aniked [119]

Answer:

d. Gain on sale of land

Explanation:

When using the indirect method  in calculating net cash flow from operating activities, the net income is adjusted by the following items :

  1. Non-Cash flow items included in net income
  2. Changes in Working Capital items in net income.

From the choices given only gain from sale on land which is an income, has to be removed from net income to reach a cash flow figure.

3 0
3 years ago
High-low method The manufacturing costs of Carrefour Enterprises for the first three months of the year follow: TOTAL COSTS UNIT
borishaifa [10]

Answer and Explanation:

The computation of the variable cost per unit and the total fixed cost is shown below;

a. The variable cost per unit is

= (Highest total cost - lowest total cost) ÷ (Highest units produced - lowest units produced)

= ($440,000 - $300,000) ÷ (5,500 - 2,700)

= $140,000 ÷ 2,800

= $50

b. The total fixed cost is

= $440,000 - 5,500 × $50

= $440,000 - $275,000

= $165,000

5 0
3 years ago
What distinguishes the money market from the capital market?.
AleksAgata [21]

Answer:

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.

Explanation:

5 0
2 years ago
A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salva
mina [271]

Answer:

8.13%

Explanation:

Annual return = [ (Total FV/Initial investment)^(1/n) ] -1

n = useful life of the project

Total Future Value = (22650*5) +5000

Total FV = $118,250

Initial investment = $80,000

Annual return = [ (118,250/80,000)^(1/5) ] -1

r = [ (1.478125^(1/5)] -1

r = 1.0813 - 1

r = 0.0813 or 8.13%

6 0
3 years ago
Other questions:
  • ECG Company recorded two sales on March 1 of $20,000 and $30,000 under credit terms of 3/10, n/30 (3% discount if paid within 10
    6·1 answer
  • Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the
    7·1 answer
  • Choose the correct answer.
    15·1 answer
  • Identify the major task that must be mastered in early adulthood, according to levinson.
    5·1 answer
  • Ayan, the newly appointed team manager of the sales team, practices autocratic leadership in his team. However, his team members
    6·1 answer
  • When presenting negative news, you should Multiple Choice avoid offering an alternative solution to the problem. help the reader
    5·1 answer
  • How do you plan out a day where you have a lot of things you need to get done?
    15·2 answers
  • What best describes the difference between careers and industries
    9·1 answer
  • The December 31, 2018, inventory of Tog Company, based on a physical count, was determined to be $470,000. Included in that coun
    5·1 answer
  • Andreas is giving a speech to convince audience members that they can become millionaires by investing 20% of their income in st
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!