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Ugo [173]
4 years ago
7

The primary purpose of a fund is (p. 21-22)

Business
1 answer:
tamaranim1 [39]4 years ago
6 0

Answer:

To segregate an organization's resources according to the purpose(s) for which they are to be used.

Explanation:

A fund is a certain amount of money that is set aside for a specific purpose. These types of funds are often invested and managed by professional protfolio managers so that they make gains over time. Example of funds includes pension funds, insurance funds, endowments, and foundations.

For a company formation of funds helps the company segregate their resources so that they can be effectively allocated toeet various business needs.

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In a system of 100-percent-reserve banking, a. banks do not accept deposits. b. banks can increase the money supply. c. banks do
zheka24 [161]

The correct option is C). banks do not influence the supply of money.

<h3>What is 100-percent-reserve banking?</h3>

100-percent-reserve banking, is a system of banking, in which banks only lend from time deposits instead of lending demand deposits.

In a system with 100 percent reserve banking, banks cannot make the loans and do not influence the supply of the money.

This system is also known as full-reserve banking.

Learn more about the 100-percent-reserve banking here:-

brainly.com/question/7295577

#SPJ1

8 0
2 years ago
The abrupt end of long distance cattle drives in 1885 was primarily due toa. the development of railroad cars that could haul ca
vladimir1956 [14]

Answer:

a. the development of railroad cars that could haul cattle.

Explanation:

The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.

It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.

It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle

8 0
3 years ago
Christina is evaluating Maximum Brands as an investment opportunity. She is very concerned about future financial performance by
Artemon [7]

Answer:

There is CEO duality

Explanation:

What is a CEO duality

CEO duality refers to the situation when the CEO also holds the position of the chairman of the board.

The board of directors is basically designed to keep an eye on managers such as the CEO on the behalf of the shareholders. They design compensation contracts and hire and fire CEOs. The benefit of having a dual CEO in the firm is because he or she  could work closely with the board to create value.

Christina in this sense is tryinb to bring more value to the firm and in ghe capacity of just the CEO her hands are tied. She probably wants more authority or power to do much more.

6 0
3 years ago
A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense is a(n)________.
ozzi

Answer:

d. account This answer is correct

Explanation:

There are various types of accounts that are reported in the financial statements. The financial statement comprises of the income statement, balance sheet, statement of stockholder equity and the cash flow statement.

The recording of the increase in the specific asset, liability, revenue, expense, etc is called as an account

Just in net income, the revenue and expense account is reported. The asset, liability, stockholder equity which is reported in the balance sheet. The change in the values of the item is reported in the respective amount

7 0
3 years ago
Which of the following are advantages of PERT and CPM? (I) It is visual. (II) It is automatically updated. (III) Activities that
Alecsey [184]

Answer:

A. III only

Explanation:

One of the very useful tools in project management analysis is the PERT and CPM.

PERT (Program evaluation and review technique) provides valuable information regarding which activities need to be closely watched.

While CPM (Critical Path Method) helps in determining the time required to complete each task, and the minimum time required to complete a project.

Both CPM and PERT serve similar purposes by helping to determine projects or activities that need to be watched closely.

7 0
3 years ago
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