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VladimirAG [237]
3 years ago
8

The basic purpose of imposing legal reserve requirements on commercial banks is to: A. Assure the liquidity of commercial banks

B. Provide a device through which the credit-creating activities of banks can be controlled C. Provide a proper ratio between earning and no earning bank assets D. Provide the central banks with necessary working capital
Business
1 answer:
Aliun [14]3 years ago
5 0

Answer:

Provide a device through which the credit-creating activities of banks can be controlled

Explanation:

The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.

The legal reserve requirement is used by the government as a means to control the supply of money in the economy.

If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.

A high reserve requirement reduces the amount that banks can make available for loans.

I hope my answer helps you

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Generally accepted auditing standards are Group of answer choices 1. Required procedures to be used to gather evidence to suppor
IRISSAK [1]

Answer:

"1"

Explanation:

Generally accepted auditing standards are established rules and procedures guiding the conduct of an accountant during the audit of the financial statements of an organization.

It helps to confirm the quality of audit reviews conducted and reports generated by the auditor.

It covers field work , general standards and reporting.

It requires the auditor to have technical training and skills , due professional care and be objective in his engagements as an auditor.

5 0
3 years ago
Read the scenario carefully and provide your response regarding the organizational structure and culture in the fictional organi
Archy [21]

Answer:

The response to the given question can be defined as follows:

Explanation:

This organizational structure is flat and also has a strongly attributed. Its flat culture gives experts the chance to be innovative and boost productivity. Its freedom to work or to work allowed its productivity to be enhanced. It kept them in touch with it and allowed them t stay tuned to a consultation environment. This change has caused confusion amongst this personnel and they are frustrated with the change. You've begun to approach the CEO. It indicates that they're not really happy and that the change is not welcomed. They have dismantled a whole manner for working. The company should communicate its objectives to its employees and also develop an acceptable way of working. All they need to grasp here is that before the new President has been hired, people already exist inside a specific method of work and culture. When the changes are required, an organization as a whole must be discreet and agreeable to enable the implementation easier. The manager should develop a seamless transition–

  • Email the staff and express your view.
  • Include a career strategy and schedule certain objectives.
  • Identify modifications and also be receptive to input. Not that every modification done provides the best outcomes.

It ensures the restoration of the inclusive community, as well as the manner of work and objectives, are altered still.

4 0
3 years ago
If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in
Elena L [17]

Answer:

The correct answer is E) None of the above.

Explanation:

when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.

8 0
3 years ago
Sort the examples below into the appropriate bin. Think about which factors could lead to more toxic substances being released i
Zielflug [23.3K]

Answer:

1. Causes: commercial production of many chemicals massive use of chemicals in food, agriculture, medicine, and industry

2. Consequences: increase in reproductive disorders contamination of soil, air, and water bioaccumulation and biomagnification of toxins in the food chain.

3. Solutions: consumer choice of low-toxicity products stricter regulations requiring that consumer products be thoroughly tested before being released to market.

Explanation:

This factors could lead to more toxic substances being released into the environment (causes), the consequences that result from toxic substances in the environment, and possible solutions to save environmental degradation.

8 0
3 years ago
What do you think is the socio - economic impact of business to Consumers ?​
pashok25 [27]

Answer:

The answer is below

Explanation:

The socioeconomic impact of Business to Consumers can be vast, positive, and negative at the same time, it all depends on some variables including the marketing and advertisement strategies, history of the firm or industry sectors, etc.

Hence, the socio-economic impact of business on consumers are:

1. Products and services provided by businesses are utilized by the consumers

2. Good business practices encourage consumers to spend their income on the products and services provided.

3. Competition between businesses leads to manufacturers producing goods and services at cheaper rates possible to consumers

4. Business products and services influence the consumption rates and attitude of consumers such as dress sense, gadgets ownership, etc, among consumers.

6 0
3 years ago
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