Answer:
d. banks and mutual funds.
Explanation:
Financial intermediaries are bodies or individuals that connect surplus and deficit agents. These institutions serve as middlemen among diverse parties in financial transactions. These include banks, mutual funds, pension funds, building societies etc. Banks and mutual funds are two of the economy's most important financial intermediaries.
Answer:
C
Explanation:
A computerized accounting system is a software program that is stored on a company´s computer, network server, or remotely accessed via the internet and it can be a great benefit for a business. It can help streamline ccounting steps and help minimize errors.
Labor saving is the main aim of introduction of computers in accounting. It refers to annual savings in labor cost or increase in the volume of work handled by the existing staff.
Savings in time in another adg¿vantage. Time saved by using computers may be used for other jobs.
Answer:
Operating or production department.
Explanation:
Operating or production department Deals with production and efficiency.
It should be noted that in a firm that manufactures clothing, the department that is responsible for actually assembling the garments could best be described as Operating or production department.
Answer:
Import restrictions are steps or measures employed by the government of a country to reduce the volume of import in a country.
A country can take different measures to restrict import popularly known as import control measures. The following are the most popular import restriction measures.
IMPORT RESTRICTION
1. Import duties
2. Import quota
3. Currency restriction
4. Import License
5. imports surveillance
Explanation:
1. Import duties
These are taxes levied on goods imported to make them less attractive. Import duties are also called custom duties. Import duties increases the prices of imported goods.
2. Import quota
Import quota is another import restriction measure employed by a country to reduce the quantity of imported products, either of a particular goods or from a particular trade partner. This measure ensures a certain import target is not exceeded.
3. Currency restriction
Since foreign currency is used for the payment for imports, a government who is embarking on trade restriction can restrict the supply of foreign currency to make payment for import a bit difficult, thereby reducing the quantity of import.
4. Import License
Another import restriction measure is for a country to embark on a policy that will require special license or a green light to allow the importation of certain commodity. This will go a long way to restrict import
5. imports surveillance
This is a measure that tracks import levels to control the desired level of import in a country.
