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3 years ago

Which of the following is true of the capital requirement? Check all that apply.

Business

1 answer:

Nina [5.8K]3 years ago

5 0

Answer:

1st and 2nd options are correct.

Its intended goal is to protect the interests of those who hold equity in the bank.
The amount of capital required depends on the type of assets the bank holds.

Explanation:

Capital requirement for a financial institution, such as a bank is the amount of capital they need to pay off their liabilities. Every bank has a reserve ratio which is a small part of total deposits that is enforced upon banks to fulfill all the liabilities. The intended goal of capital is to protect and preserve the interest of depositors and equity holders. Similarly, the reserve ratio of bank substantially depends upon the type of assets bank holds, for liquid assets, the capital requirement is more as compared to liquid assets. Since more liquid asset means that a bank can convert them into cash instantly which is why the capital requirement is less for liquid assets.

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What do analysts and briefers use to alert policymakers to the level of confidence they have in their judgments, based on the av

Alborosie

Answer:

Estimative Language

Explanation:

To create confidence in their judgements, they use three different levels of information. They are:

High confidence judgement which generally comes from a trustworthy source of information, that means when the source is of good quality the information is of high reliability, although the information might be wrong sometime.
Moderate confidence means although the information is credible but it is not a good source to rely on and the quality of work might be low.
Low confidence shall possibly mean that the information is not of good credibility or the sources are not secure enough.

3 0

3 years ago

Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88

zhuklara [117]

Answer:

Debit Balance as per Cash Book - i - ii + iii = Credit Balance as per Passbook.

Explanation:

Bank Reconciliation Statement is a statement drawn at the end of accounting period, to adjust the mismatch between bak balance as per cashbook & passbook.

Debit Balance as per Cash Book = $ 22970

Less : Receipts added in cashbook, but not passbook = (1885)

Less : Bank service fee deducted from passbook, not cashbook = (55)

Add : Cheques written but not deducted from passbook = 1460

Credit Balance as per passbook = $ 22490

3 0

4 years ago

In its first month of operations, Splish Brothers Inc. made three purchases of merchandise in the following sequence: (1) 155 un

FrozenT [24]

Answer:

FIFO= $2,580

LIFO= $2,325

Explanation:

Giving the following information:

(1) 155 units at $7

(2) 410 units at $8

(3) 100 units at $9.

Assuming there are 310 units on hand.

FIFO (first-in, first-out) method:

Ending inventory= last units purchased

Inventory= 100*9 + 210*8= $2,580

LIFO (last-in, first-out)

Inventory= first units purchased

Inventory= 7*155 + 8*155= $2,325

8 0

3 years ago

At its present rate of output, Barrel O' Biscuits, a perfectly competitive firm, finds that its marginal cost exceeds its margin

Delvig [45]

Answer: Reduce output

Explanation:

According to the given question, the barrel O' Biscuits is one of the type of perfectly competitive organization in which its overall marginal cost increasing the company's marginal revenue.

For maximizing the profit of an organization then we should reduce the output as in the perfect competition the company majorly affected the output only and for shift the overall marginal cost of the company we reducing the output.

Therefore, Reduce output is the correct answer.

3 0

3 years ago

Zeto Bank requires its customers to provide their customer identification number, their respective passwords, and a one-time pas

olya-2409 [2.1K]

Answer:

the correct answer is "Mobile Banking".

Explanation:

Mobile banking is doing banking and related financial activities such as money deposits, withdrawals, bill payments, issuing standing orders, checking the balance amount and opening/closing accounts through the internet and the mobile devices.

Mobile banking is more popularized through the launch of new applications in the iOS and Android platforms.

Mobile banking has made it easier for the customers to do banking related activities and it has made it easier for the banks to process more transactions without increasing their number of employees.

7 0

4 years ago