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Finger [1]
3 years ago
8

Overdraft protection means the bank will protect your funds from excessive taxation.

Business
2 answers:
Varvara68 [4.7K]3 years ago
5 0
The correct answer is (a.) True. Overdraft protection means the bank will protect your funds from excessive taxation. This protection is most likely to be offered by small business since it helps them to gain additional income fees.
Bess [88]3 years ago
3 0

That statement is true.



When you sign for a overdraft protection, the Bank would send many notification on your account to prevent you from using more money for consumption that you actually have in the bank.

This would help you to prevent excessive taxation because the amount of money used for personal consumption is not eligible for tax deduction.

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Chris is about to give a speech on social media marketing to a room of professional marketers. How can he enhance his credibilit
Anna35 [415]

A way that Chris can enhance his credibility on the speech on social media marketing is to:

  • Point out the marketing challenges that he and the audience share when doing their jobs.
  • Speak passionately on the subject
  • Tell the audience about his background and experience concerning social media marketing.

<h3>What is social media marketing?</h3>

This is a branch of marketing that has to do with the use of the social media to create awareness for the services and the products of a business.

Read more on Social media marketing here: brainly.com/question/12453081

5 0
2 years ago
Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $1
gogolik [260]

Answer:

The amount of cash for the payment of dividends during the year is B. $40,000

Explanation:

To Determine the amount of cash for the payment of dividends during the year, we open a Dividends Payable T - Account and find the amount via <em>missing figure approach</em> as follows:

Debits :

Cash (<em>Balancing figure</em>)                          $40,000

Ending of year Dividends Payable          $15,000

Totals                                                        $55,000

Credits :

Beginning of year Dividends Payable    $10,000

Dividends declared during the year      $45,000

Totals                                                        $55,000

4 0
4 years ago
A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for 10,000 and paid 750 for the frei
prisoha [69]

Answer:

The correct option is A:

cost of goods sold        10,750

merchandise inventory                 10,750

Explanation:

When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750

When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.

The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750

4 0
3 years ago
Select the appropriate characteristics of the executive information system in the four-level pyramid model.
Ket [755]

The system helps managers analyze the environment in which the organization operates, identifying long-term trends and planning appropriate courses of action.

<h3 /><h3>What is an executive information system?</h3>

It corresponds to a tool to support managerial decision-making by providing optimized access to large volumes of information from the micro and macro organizational environment.

Therefore, the executive information system assists managers in making decisions in line with organizational objectives.

Find out more about information system here:

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7 0
2 years ago
If the economy is falling below potential real​ GDP, which of the following would be an appropriate fiscal policy to bring the e
IceJOKER [234]

Answer:

Government spending

Explanation:

Expanded government spending is probably going to cause an ascent in aggregate demand (AD). This can prompt higher development momentarily. It can likewise increase the overall GDP. Higher government spending will likewise affect the supply side of the economy. Likewise, increase in government spending centres to apply fiscal policy is a way which could improve the economic situation of the country, it can also improve efficiency and a development over the long-run.

6 0
3 years ago
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