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3 years ago

Choose all that apply. Select all the banking tasks that can be done online.

Business

2 answers:

alexandr1967 [171]3 years ago

5 0

The answer is all of the choices can be done online.

All of the options that are listed are items that most banks have available to be done online with modern online banking programs. This makes it easier for customers to manage their money and do their banking transactions without needing to go to a physical bank branch.

kotykmax [81]3 years ago

5 0

Request a stop payment is the only facility that cannot be done online. Because once a payment is made, the only way to stop is requesting a cancellation by calling the customer service center.

All other tasks like creating a spending report, order of new check book, set up an alert when account goes down to a certain level, transfer money from account to other accounts, view up to date account statement, etc, can be done online. Banking systems are highly efficient now a days and provide high level of customer facilities.

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Equilibrium levels of income and interest rates are ______ related in the goods and services market, and equilibrium levels of i

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Answer:

D) negativity, positively

Explanation:

Equilibrium levels of income and interest rates are negatively related in the goods and services market because an equilibrium in interest and income will mean less goods and services and equilibrium levels of income and interest rates are positively related in the market for real money balances because an equilibrium in income and interest will lead to an increase in real money balances

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3 years ago

Rothbart Manufacturing agrees to manufacture bumper cars for 12 Banners Amusement Parks. Under the terms of the contract, 12 Ban

Norma-Jean [14]

Answer:

Rothbart Manufacturing

From the case study, Rothbart Manufacturing has incurred an equivalent cost of 80% in the manufacture of the bumper cars, it should then recognize revenue of $48,000 ($60,000 * 80%) under the percentage of completion method.

However, under the new IFRS 15 or ASC 606 Revenue from Contracts with Customers, Rothbart Manufacturing can only recognize revenue based on the fulfillment of the contract's performance obligations, evidenced by the transfer of the asset or some benefits to the buyer.

I do not see any transfer of benefits here. Instead of recognizing any revenue the current year, Rothbart Manufacturing should assign the cost incurred so far (80%) to Work in Process Inventory, which is a current asset. It can then recognize revenue when the bumper cars are sold.

Explanation:

The International Financial Reporting Standard (IFRS) 15 specifies when revenue from contracts with customers should be recognized. This standard is equivalent to the US Accounting Standard Code 606.

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3 years ago

Botosan Factory has budgeted factory overhead for the year at $645,792, and budgeted direct labor hours for the year are 260,400

DIA [1.3K]

Answer:

$587,760

Explanation:

Budgeted factory overhead for the year at $645,792 budgeted direct labor hours for the year are 260,400.

If actual direct labor hours for the month of May are 237,000 and the labour hour is used as the measure for determining the overhead cost to be allocated, then

Overhead allocated for May = (237,000/260,400) × $645,792

= $587,760

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3 years ago

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Answer:

The answer would be, Democratic or Participative Style of leadership.

Explanation:

Democratic or Participative Style of Leadership is the leadership which emphasis on the participation from the team members in the decision making process. New ideas, new suggestions are encouraged in this style of leadership.

So in this scenario, when the manager is asked to find out new directions for an old product, the wants to hire people with fresh minds and new ideas who have recently graduated from the colleges. So the manager is practicing the Democratic/ Participative style of leadership.

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3 years ago

Lamp Corp. manufactures wooden desks. Production consists of three processes: cutting, assembly, and finishing. The following co

Liono4ka [1.6K]

Answer:

See the journal entry be;ow.

Explanation:

Given:

Cutting Assembly Finishing

Direct materials $7,000 $10,000 $3,000

Direct labor 3,000 14,000 2,000

Applied overhead 4,000 5,000 6,000

Therefore, the journal entry to assign costs incurred in the assembly process would be as follows:

Details Debit ($) Credit ($)

Work in process 10,000

Direct material 10,000

(To record cost of direct material.)

Work in process 14,000

Wages payable 14,000

(To record direct labor cost.)

Work in process 5,000

Manufacturing overhead 5,000

(To record manufacturing overhead.)

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3 years ago