Depends on the banks policy. My bank is pretty good, and with my opt in overdraft protection, there are no incurred fees.
Answer:
(a)
January 1 Cash 20000 Dr
Bonds Payable 20000 Cr
(b)
June 30 Interest expense 850 Dr
Cash 850 Dr
Explanation:
a.
The bonds are issued at par value thus full cash equal to the par value of these bonds will be received on the issuance date.
b.
The ineterst is paid at 8.5% annually. The annual interest oayment equals 20000 * 0.085 = 1700
As this is paid semiannually in equal installments, the semi annual payment for interest on June 30 will be 1700 / 2 = $850
Answer:
All the options are correct
Answer:
True
Explanation:
Job Specification is comprehensive set statement to demonstrate the pre-requisite of any job for which any hiring is to be done. Job specification includes information about job designation, location , roles and responsibilities, qualifications, skill set required, experience in terms of number of years, job objective and other necessary details specific to the job.
The objective of job specification is
- To ensure that people with only right skill apply for job
- It makes easier to filter out candidates based on the mapping of requirement and candidate profile
- It makes easier for hired person to understand his responsibilities and get molded it into the role easily.
Since the problem says that Career builder has posted for sales management position which includes information on number years of experience and educational qualification, which is part of job specification and hence the statement is true.
Answer: Customer group
Explanation:
The main role and responsibility of the customer group is that it aggregate the customers and this type of group basically interact with the customers about the requirement of the specific customer and tell them about the best deal that is available.
They usually help the customer and solve their all the doubt regarding the issue. The customer group is basically refers to the coupon group of members. It is also sometimes known as the customer group.
According to the question, the customer group basically allow the spring filed for serving the borrowers the best loan deal available in the market according the customer requirement.