The answer is decision-making.
Determining a decision, acquiring data, and weighing potential solutions are all steps in the decision-making process.
You can make more careful, intelligent decisions by organizing pertinent information and outlining alternatives by following a step-by-step decision-making process.
This strategy raises the likelihood that you'll select the one that will satisfy you the most.
Decision-making steps include:-
- Look into the situation in depth.
- Establish a positive atmosphere.
- Create quality alternatives.
- Investigate your choices.
- Choose the ideal answer.
- Review your strategy.
- Inform others of your choice and follow through.
Hence, The process of generating and choosing from a set of alternatives to solve a problem is called decision-making.
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Imagine that odyssey national is a brand new bank, and that its required reserve ratio is 10 percent. if it accepts a $1,000 deposit, then its excess reserve balance will be <u>$900</u>.
The reserve ratio is the portion of reservable liabilities that commercial banks have to hold onto, rather than lend out or make investments. That is a requirement decided by way of the united states of America's relevant financial institution, which in the u.s.a. is the Federal Reserve.
Allow's expect that bank XYZ has $400 million in deposits. If the Federal Reserve's reserve ratio requirement is 10%, financial institution XYZ should keep at least $40 million in an account at a Federal Reserve bank and might not use that cash for lending or any other cause.
A reserve requirement is an important bank law that sets the minimal quantity that a business financial institution should keep in the liquid property.
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Increased communication has caused television viewers throught-out the world to? Judge places they've never been and people they've never met because of the views T.V. has given them on specific places and people. It is easy to have a stigma and judge the world around in which you've never seen. T.V. and the media only show us the sides of people/places they want us to see not the entire package thus making it easy to make assumptions without knowing all of the facts.
Answer:
The discount will not affect the net income as no gain is recognize nor expense.
the cash flow statemetn will decrease by 3,960 which is the cash used.
the balance sheet after the series of trasnactions, will show inventory for 3,960
Cash would have decrease by 3,960
No change on equity.
Explanation:
inventory 5,000 debit
accounts payable 5,000 credit
account payable 1,000 debit
inventory 1,000 credit
Account payable 4,000 debit
Inventory 40 credit
Cash 3,960 credit
Answer:Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%.
Explanation:
