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tatyana61 [14]
4 years ago
7

FDIC is:

Business
2 answers:
seropon [69]4 years ago
5 0

Answer:

c) A government insurance program that will pay back account holders if the bank or lending institution fails

Explanation:

The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.

FDIC is a government insurance program that will pay back account holders if the bank or lending institution fails.

The income generated from the premium payments of insured banks is used to fund or finance the FDIC.

yawa3891 [41]4 years ago
5 0

Answer: A government insurance program that will pay back account holders if the bank or lending institution fails(C)

Explanation:

The Federal Deposit Insurance Corporation is an independent federal agency that insures deposits in United States banks and thrifts in case of bank failures. The Federal Deposit Insurance Corporation was created in order to maintain public confidence and also encourage stability in financial system by promotng sound banking practices.

The Federal Deposit Insurance Corporation preserves public confidence by insuring deposits for at least $250,000 and also identifying and addressing risks in the financial system.

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If the variable overhead efficiency variance is $500 unfavorable and the variable overhead spending variance is $100 favorable,
Vera_Pavlovna [14]

Answer:

a. Debit to variable overhead efficiency variance

d. Credit to variable overhead spending varian

Explanation:

Based on the information given in a situation where a variable overhead efficiency variance is UNFAVORABLE it will be DEBITED and variable overhead spending variance that is FAVOURABLE will be CREDITED.

Therefore the journal entry will include a:

a. Debit to variable overhead efficiency variance

d. Credit to variable overhead spending Variance

7 0
3 years ago
Cynthia​ Knott's oyster bar buys fresh Louisiana oysters for ​$3 per pound and sells them for ​$8 per pound. Any oysters not sol
iragen [17]

Answer:

111 pounds

Explanation:

The number of pounds Cynthia should order each day can be calculated as follows

Calculation

Standard deviation = 20

Mean = 100

Cost of actual utilization = 8-3 = 5

Cost of Under utilization = 4-2 = 2

Probability of sale = Co/(Cu+Co)

Probability of sale = 5/(5+2)

Probability of sale =0.714

Z score at above probability = z = 0.57

hence cynthia should order= mean+z*standard deviation

Order = 100+0.57*20

Order = 111.4 or 111 pounds

3 0
4 years ago
Which term describes the art of manipulating people so that they break normal security procedures allowing the release of confid
lisov135 [29]
The term is SOCIAL ENGINEERING.
Social engineering is the art of manipulating people into breaking information security procedures or to give away confidential information which they have at their disposal.<span />
8 0
3 years ago
Read 2 more answers
1. Suppose the amount of premium leather decreases from 180 to 150 a. Does the shadow price change? Why or why not? b. If possib
kkurt [141]

Answer:

Explanation: A. Shadow price has not changed because Shadow price show value of a commodity without considering final cost.

B. Change in value 180 - 150/180 X 100 = 16.7

C. The optimal solution didn't change because the product price went from it highest profit 180 to it's least cost 150

5 0
3 years ago
Read 2 more answers
5. ________ is a short-term security, or note, containing a borrower's promise to pay O A trade draft O Equity financing O Comme
erastovalidia [21]

Answer:

Commerical paper

Explanation:

Commerical paper is a short-term security, or note, containing a borrower's promise to pay.

There was a previous question like that, so i remember the answer.

~<u>rere</u>

5 0
2 years ago
Read 2 more answers
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