All categories

3 years ago

The Federal Reserve System performs many functions, but its most important one is

Business

1 answer:

oksian1 [2.3K]3 years ago

8 0

Answer:

b. controlling the money supply.

Explanation:

The main function of the federal reserve is to control the money supply. This is accomplished through expansionary or contractionary monetary policies, in which the Federal Reserve influences the amount of economy in the economy by controlling its supply. An open marketing policy, ie selling and buying securities, for example, is used to control the amount of currency in the economy.

You might be interested in

Which market segment should a no-frills hotel target?

boyakko [2]

Um let's see here. not 100% sure but I am guessing 4

7 0

3 years ago

Read 2 more answers

The August current year bank statement for Allison Company and the August current year ledger account for cash follow:

Gnom [1K]

The August current year bank statement for Allison Company and the August current year ledger account for cash follow is

1. Deposits in transit as on August 31 are $5,400.

2. Outstanding checks are $280 and $460 amounting to a total of $740 (280+460).

3. Bank reconciliation statement-

Particulars Amount ($) Particulars Amount ($)

Balance as per cash account* 22,475 Balance as per bank account 20,235

Add: Interest collected 2,550 Add: Deposits in transit 5,400

25,025 25,635

Less: Bank service charge (130) Less: Outstanding checks (740)

Adjusted book balance 24,895 Adjusted bank balance 24,895

*Balance as per cash account = 16,470+11,800+4,450+6,900+5,400-185-860-280-460-750-260-19,750

= 22,475

4. Journal entries-

S.No. Accounts titles and Explanation Debit ($) Credit ($)

1. Cash 2,550

Interest received 2,550

(To record the interest collected)

2. Bank service charges 130

Cash 130

(To record the bank service charges)

5. Balance sheet

Current assets

Cash and cash Equivalent 24,895

In accounting, a well-known ledger is used to fill all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

Ledger wallets are USB storage devices that hold more than one currency offline. It shops your non-public keys on the tool, making it tough for online hackers to get admission to your bills. If the bodily tool is stolen, customers depend upon a 24-word backup recovery word to get the right of entry to saved cryptocurrencies.

Learn more about ledger here brainly.com/question/1436327

#SPJ4

4 0

2 years ago

Which legal doctrine allows the use of copyrighted works for purposes that benefit the public, such as teaching and news reporti

never [62]

The legal doctrine that allows for the usage of copyrighted works for certain purposes is known as the <u>"Fair Use" doctrine.</u>

<h3>The "Fair Use" doctrine</h3>

Became federal law by the passing of the Copyright Act of 1976.
Allows for usage of copyrighted material for teaching, news reporting, and research among others.

This means that when copyrighted work needs to be used in areas covered by this doctrine, the users do not have to ask for permission from the owners of the work.

In conclusion, this is The "Fair Use" doctrine.

Find out more on The "Fair Use" doctrine at brainly.com/question/1268530.

5 0

3 years ago

A company's strategy consists of Group of answer choices actions to develop a more appealing business model than rivals. offensi

Vsevolod [243]

Answer:

competitive moves and approaches that managers have developed to grow the business, attract and please customers, conduct operations, and achieve targeted objectives.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Typically, to formulate strategies that are well aligned with the mission of an organization or business firm, some of the activities that needs to be performed includes the following;

1. Knowing your core competencies: this involves identifying your strengths such as knowledge, technology, underlying skill, experience, ability or process that enables you to perform exceptionally and provide a unique set of products or services that meets the needs of your customers.

2. Assessment of the organization's internal strengths and weaknesses: it gives an organization certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

3. Examination of the organization's external environment: this involves examining and identifying all the factors outside of an organization that affects its performance such as customers, government policies, competitors etc.

4. Analyze your competitors: organization should ensure they are always a step ahead of the their competitors in the industry.

Hence, a company's strategy or strategic plan sets the overall direction for an organization or business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

In conclusion, a company's strategy should comprise of competitive moves and approaches developed by managers in order to grow a business, attract and please its customers, conduct business operations, and achieve targeted objectives or set goals.

7 0

3 years ago

In just a few short weeks, Jon would arrive back in the states after a semester abroad. He was already in a temp agency's databa

sergij07 [2.7K]

Answer:

contingent worker

Explanation:

A contingent worker is a person that is a non-permanent worker, that is outsourced and has skills that are necessary to perform the job and works for a specific project. These workers are not employees of the company which means that they don't receive benefits. According to this, the answer is that Jon will again try to hire on as a contingent worker because he would be an outsourced worker that is not permanent as he would work during the summer months, he won't get benefits and he has the skills that are required for the position.

5 0

4 years ago