The item that should not be among Lucy's main considerations in selecting these accounts are that the account recommended for somebody with different needs.
<h3 /><h3>What is checking account?</h3>
A transaction account is a deposit account kept at a bank or other financial institution. It is also known as a checking account, checking account, current account, request deposit account, or shared draft account at credit unions.
In the above situation, Lucy will have to pay the amount of interest to be on deposits, and eligible to any advantages of having all the accounts at the same bank.
Lucy will also bear the fees for having multiple savings accounts, as having a multiple accounts increases the fees of all the accounts.
The account cannot be opened for the need of somebody, it is opened for the banking transactions and for depositing the money.
Therefore, option A is correct.
Learn more about the checking account, refer to:
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Answer:
The correct answer is letter "A": more; less.
Explanation:
Misappropriation of assets and fraudulent financial reporting are two major issues caused by one single corporate problem: <em>fraud</em>. Misappropriation is said to be <em>more common</em> than fraudulent financial reporting since it implies using resources of the company that are at hand for personal uses. Instead, the harm caused by misappropriation is <em>less </em>than the caused by fraudulent financial reporting since the latter involves reporting fictitious expenditures, issuing checks in blank, booking "ghost employees", or even using the company's sensitive information -such as account numbers- at will.
Answer:
The answer is: C) It is true because non-trade receivables do not result from business operations and should not be included with accounts receivable.
Explanation:
Usually non-trade receivables are current assets that should be converted into cash with a one year period, e.g. employee loans, tax refunds. Sometimes they will need more than one year to be converted into cash, so they have to be classified as non current assets.
These assets were not generated by normal business operations, therefore they should not be included under accounts receivables.
Answer: Social media allows companies to have a short-term focus.
Explanation:
Social Media has made the world way more connected than it was before even with the advent of the Internet. As such, companies were able to leverage on this to improve their brand and popularity by being present on the various social media platforms.
With social media, companies have been able to marketers to establish a public voice and presence online, cost-effectively reinforce other communication activities, build online forums and communities as well as remain relevant in a fast changing world.
Companies having a short term focus as a result of social media <em>is not a benefit</em> of social media. A company should always think long term and even social media can help them achieve long term growth if long term marketing plans are integrated with social media marketing.
