Answer:
A. Money Market checking account
Explanation:
A money market account represents a savings account with some features of a checking account provided by a bank. Herein, a customer deposits money, and such funds are invested into money market instruments which are highly liquid, such as commercial papers, treasury bills, certificate of deposits, etc.
Such accounts provide debit card and checks and allow a certain number of withdrawals every month. The rate of interest offered under these accounts is usually higher than the ordinary savings account.
In the given case, the customer has $20,000 to invest and also requires immediate access to the funds to pay his bills. The best recommendation would be to deposit such funds to a money market checking account, which would provide him with access i.e liquidity, a higher rate of interest than on savings account and safety of investment.
It is noteworthy that all other options specified are not as liquid as money market checking account since, those alternatives either require considerable time in redeeming and selling or do not provide immediate access to funds.
Incremental Analysis for Discontinuation Decision can have two way affect to the Business
Explanation:
1. Contribution Margin Lost- If the special eats is discontinued then obviously it would affect (decrease) the profit margin that the Business would be enjoying before the product discontinues
Less:
2. Fixed Cost Saving - This would generally increase as the expenditure of the organisation would decrease.
Depending upon how the product performed the company can be benefited as well as incur loos at the same time .Discontinuation of a product is generally done when the company is facing losses.
There will be no time to plan, demo, and improve together if there is no invention and planned iteration.
The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.
Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by team as a set of committed Iteration Goals.
As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.
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