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iris [78.8K]
3 years ago
15

what's the best definition of financial literacy? a. the efficient and effective management of moneyb. the ability to find, eval

uate, utilize, share, and create financial contentc. the business or services conducted by a bankd. the ability to use knowledge and skills to manage financial resources effectively
Business
1 answer:
san4es73 [151]3 years ago
5 0
Im going to say the answer is A
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You just deposited $4,000 in cash into a checking account at the local bank. Assume that banks lend out all excess reserves and
ycow [4]

Answer: $20,000

Explanation:

The reserve requirement is a central bank regulation which sets minimum amount of reserves which must be held by a commercial bank.

When reserve requirement = 20%

= 20/100

= 0.20

Total increase in the checkable deposit will be = $4,000 / 0.20= $20,000

5 0
3 years ago
1. Do you believe that training is a necessity in the implementation of new policies? Please support your answers.
professor190 [17]

Answer: (1) Training is necessary in the implementation of a new policy

(I) To orient and enlightening the people

(II) To enhance its implementation

(III) To promote cordial actions.

(2) Background checks are important to

(I) To determine the possible threats.

(II) To understand the nature of threats and how best to mitigate them.

(III) To help the Management know what kind of information security structure or system to implement.

(2B) Information security help to serve the following

(I) To prevent hacking and other possible threats

(II) To prevent Information leaks

(III) To promote secrecy.

(3) What can happen if Management does not enforce the policies that are put in place?

(I) The business will experience huge looses due to hackers

(II) The Business will be prone to internet fraud.

(III) Frequent Information leaks.

Explanation: Information security is the process or system put in place to enhance,sustain and guarantee that the information flow,storage and use are done with reduced or eliminated threats.

Most organisations have different strategies for implementing Information security, Information security is vital to the success of any business.

8 0
3 years ago
Using the ob concepts and tools that best suit the situation is called a(n) ___________ to management.
worty [1.4K]

Using the ob concepts and tools that best suit the situation is called a(n) <u>contingency approach</u> to management.

<h3>What is a contingency approach?</h3>

This approach to management is also known as the situational approach and holds that there is no single or textbook rule for the best way to manage an organization..

Most time, the contingency approach to management is based on the idea that there is no single best way to manage the resources.

Read more about contingency approach

brainly.com/question/1610360

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8 0
2 years ago
What vision do you have for your own future?
kondor19780726 [428]

     No one can write down a vision for your future, its your vision and future.

4 0
3 years ago
Zoom In, Inc. is engaged in the business of coding, with an emphasis on Internet marketing, business apps, and intra-corporate n
-BARSIC- [3]

Answer:

Option A. The U.S. Constitution.

Explanation:

The reason is that the US constitution provides the basic framework for the laws to be formulated and passed both in the US National Assembly and the Senate. The laws cannot be formulated if the US constitution doesn't allows the passing of the law which means that the constitution must be amended first. When the slavery was to be eliminated in 1865, the first problem was that passing the elimination of slavery law was inconflict with the US constitution. So the constitution was amended before passing the law to eliminate the conflict.

In the nutshell, every law originates because of different reasons like Technological reasons, Social reasons, Cultural reason, etc) but the basis remains the same which is US constitution which is the basic framework for passing the law.

8 0
3 years ago
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