Securitization has allowed banks to concentrate on the safety of the money they hold. They can also give more protection for the banking transactions
Answer:
True
Explanation:
Yes, it is true that physical boundaries are the most effective way to uphold the culture system within the boundary. This is because physical boundaries define some set of rules that adhere to specific boundaries only and it is the duty of the native of that boundary to obey that set of rules.
Physical boundaries aside the one legal system within the boundary from the other legal system.
Answer:
Option B.
Explanation:
Basic accounting equation is
Assets = Liabilities + Equity
where,
Equity = Capital + Retained earnings
Retained earnings = Revenue - Expenses - Dividend
On combining these formula, we get
Assets = Liabilities + Capital + Revenue - Expenses - Dividend
It can be rewritten as
Assets + Dividend + Expenses = Liabilities + Capital + Revenue
Assets + Dividends + Expenses = Liabilities + Common stock + Retained Earnings + Revenues
Therefore, the correct option is B.
The incidence of a tax is the final burden of a tax.
Explanation:
Taxation has an impact and incidence to a citizen.
To <em><u>differentiate between a direct and indirect tax</u></em>, the incidence is taken into consideration.
A direct tax has an impact and is incidental to one person who the tax payer(usually an employee).
An indirect tax has an impact on a tax payer but its incidence may or may not be transferred to the tax payer. Which means the tax payer may transfer the incidence of the tax to another person(usually the final consumer).
Answer:
The correct answer is letter "C": the coupon rate times the par value.
Explanation:
Bond coupons represent the interest rate on the bond times its par value. Typically, the coupon is paid on a semi-annual basis. To determine the interest rate of the coupon, add all coupon payments for a given year and divide that amount by the face value. Coupons used to be printed on paper but they are mostly electronic nowadays.
