Answer:
B) high trust zero-sum reward practice
Explanation:
Zero sum reward practices are generally not that successful since usually only a few are benefited while several people are left out of the benefits, or lose. If someone gains a benefit at the expense of others, it will always cause friction within the organization. That friction can lead to illegitimate political behavior, which is behavior that breaks implied rules. The regular "losers" in zero sum reward practices may be tempted to break the rules or cheat in order to obtain the benefits.
For example, if the same person is always selected as the employee of the month, his/her "losing" coworkers may start to sabotage his/her work.
<u>1. Basic savings account </u>
-allows ATM withdrawals
-allows money transfer
A savings account is an interest bearing deposit account held at a bank or other monetary foundation that gives an unassuming loan fee. The budgetary organizations may constrain the quantity of withdrawals you can make from your investment account every month. They additionally may charge expenses except if you keep up a specific normal month to month balance in the record. In most cases banks don't give checks investment accounts.
<u>2. CD
</u>
-offers a higher interest rate
-has a maturity date
A certificate of deposit is a consent to store cash for a settled period with a bank that will pay you premium. You can contribute for three months, a half year, one year or five years. You will get a higher loan fee for the more drawn out time duty. You guarantee to leave all the cash, in addition to the enthusiasm, with the bank for the whole term.
Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.
Answer: The Nominal Interest rate, which is how fast the dollar value of savings grows
Explanation:
Banks advertise the Nominal Interest rate. This is the rate that measures purely, how much return is received or paid if one lends out money or borrows money respectively.
It is therefore the value at which savings grow.
It is not adjusted for inflation yet but when adjusted is called the REAL INTEREST RATE.
It is important to note that when Banks advertise the Nominal rate, it is not yet adjusted for fees or the compounding of interest.
Answer:
The ending balance in the Allowance for Bad Debts is 20,500 CREDIT
Explanation:
The ending balance of Allowance for bad debts would be the 2.5% of sales
The adjustment is made to get the allowance for Bad Debt match the estimate uncollectible ammounts.
Notice it state <em>"company adjusted for bad debt expense"</em>
This means<u> it debit this account as much as it needed to be</u> to make allowance match the estimate allowance.
The write-off are transaction durign the period. They are irrelevant
So the ending balance is:
<em>2.5% of credit sales of 820,000 = $20,500</em>
It is important to remember that <u>Allowance is a counter-asset account</u>. His <em>normal balance is credit</em>, so the<u> final balance is credit.</u>
Answer: Reach out to her Medicaid for their programs
Explanation:
There are programs that are set up to assist retiree's. Mrs Park should reach out to her state Medicaid agency and enquire if she is qualified for the programs they run which would assist her income.
