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salantis [7]
3 years ago
9

Which of the following were provisions of the Monetary Control Act of 1980? Check all that apply.

Business
1 answer:
egoroff_w [7]3 years ago
7 0

Answer:

The correct answers are letters "B" and "C": The act allowed the Federal Reserve to set uniform reserve requirements for all commercial banks; and,  the act allowed commercial banks to pay unrestricted interest rates on checking accounts.

Explanation:

The Monetary Control Act (<em>MAC</em>) passed in 1980 is considered to be the first set of rules established in the banking industry after the Great Depression (1929). It mainly forced all the banks to remain under the rules of the Federal Reserve. Besides, it provided banks the autonomy to choose the interest rate on accounts under their own discretion.

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A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou
Delvig [45]

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

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6 0
1 year ago
How do cellphone companies promote their product?​
lord [1]

Answer:

they promote there company by advertising the product making commercial

7 0
3 years ago
Read 2 more answers
In an enterprise resource planning (ERP) system, the _____ component provides information on production costs and pricing.
posledela

Answer: manufacturing

Explanation:

In an enterprise resource planning (ERP) system, the manufacturing component provides information on production costs and pricing.

Enterprise Resource Planning is the gathering and organization of business data by using an integrated software suite.

It should be noted that ERP software typically contains applications that helps in automating certain business functions such as sales quoting, production, accounting etc

5 0
3 years ago
What are some economic concerns that may need to be addressed in the future?
Snezhnost [94]
Over population, It can result from an increase in births (fertility rate), a decline in the mortality rate, an increase in immigration, or a depletion of resources. And less food for people who actually need it the state that had the least amount of people is China because it has a one child policy and if they break the law they can be executed and it’s to maintain current unsustainable consumption patterns while blaming the poor, women, people of color, immigrants, and those residing in the “global South” who produce a negligible impact on the environment.
4 0
3 years ago
An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills ou
GalinKa [24]

Answer: See Explanation

Explanation:

Using the first method goes thus:

Form Processing = 12 minutes

Time taken to complete processing = 4 minutes

Total Time for processing will be:

= 12 + (4 × 13)

= 12 + 52

= 64 minutes

Method 2

Form Processing = 5 minutes

Time taken to complete processing = 4 minutes = 4 minutes

Total Time for processing will be:

= 5 + (4 × 13)

= 5 + 52

= 57 minutes

Hence method 2 is better because it's faster as it used a lesser time to process the compared to method 1.

3 0
2 years ago
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