The activity associated with accounting is Summarizing and interpreting company financial information.
<h3>What is accounting?</h3>
The process of logging and compiling financial and economic transactions, then examining, confirming, and reporting the findings is called accounting.
Accounting is significant because it preserves a systematic record of the financial data for the company. Users can compare current financial information to past data by using records that are up to date.
Administration accounting and financial accounting are two important branches of accounting that help in different sectors.
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Answer:
$200
Explanation:
Reserve ratio is the percentage of a deposit that a bank is supposed to withhold as reserves forming part of deposit that banks make into federal reserve.
It plays a major role in deciding the amount of money available to be lent and supply of money.
<u>Workings</u>
Reserve ratio - 20%
On a deposit of $1000, The reserve is 20% * 1000 =$200
Assuming no excess reserve , the limit on the deposit is $800
The reserve = $200
Therefore , if $600 is lent , the bank can further lend ($800-$600)
$200
<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>
It’s C) The geocentric orientation
I hope this helped out, have a nice day! :)
Answer:
Weighted-Average Process-Costing Method
Explanation:
The weighted average process costing method is a method for costing which helps to find out the average cost per unit by considering the total amount with the total number of units
Based on the cost per equivalent unit, it allocates the cost to the units completed and transferred out and for the ending work in process inventory so that the chances of accurate unit could be high