Almost positive the answer would be <span>concept that people may decide what agreements they want to enter into</span>
The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.
<h3>How to calculate the reserve requirement?</h3>
From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.
Therefore, the reserve requirement will be:
= 20% × $40 million
= $8 million.
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Delegation is the transfer of responsibility for the performance of an activity from one individual to another while retaining accountability.
Maryland Nurse Practice Act: "The nurse may delegate the responsibility to perform a nursing task to an unlicensed individual or a certified nursing assistant.
Definition of delegation. The process of delegating the responsibility and authority to perform a task to another person who takes on that authority and responsibility. The delegator continues to be responsible for the task.
Delegation refers to transferring responsibility for a particular task from one person to another. From an administrative point of view, delegation occurs when a manager assigns a specific task to an employee.
Authority is the ability to perform a job in a particular role. Responsibility pertains to reliability, reliability, and commitment to work performance.
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Answer:
Trial balance for Yi Min
on the May 31, YY
Dr. Cr.
$ $
Cash 37,600
Office supplies 890
Prepaid insurance 4,600
Office equipment 12,900
Dividends 3,370
Rent expense 7,540
Accounts payable 12,900
Common stock 18,000
Engineering fees earned <u> </u> <u> 36,000</u>
<u>66,900</u> <u>66,900</u>