By taxation or selling government bonds.
Answer:
Assessment
Explanation:
Assessment is the most effective way to check the employee performance whether they are eligible for the process or not. It can be done only after the training program.
Therefore as per the given situation Quick Burger conduct the training program for employees that how to operate the new coffee-making system. So, after the training program Quick burger do the assessment to check the employee skills.
The moral hazard in the banking system over the period of time are the bank leverage will increase and liabilities will also increase.
<h3>
What is the history of banking?</h3>
The first prototype banks in the history of banking were the merchants of the world, who lent grain to farmers and traders who transported products between towns. In Assyria, India, and Sumeria, this occurred circa 2000 BCE. Later, during the time of the Roman Empire and in ancient Greece, lenders headquartered in temples provided loans while also taking deposits and handling currency exchange. Evidence of money lending can also be seen in the archaeology of ancient China and India. The wealthy cities of Florence, Venice, and Genoa are among those where many academics locate the historical origins of the contemporary banking system. The Bardi and Peruzzi Families controlled the banking industry in Florence in the fourteenth century, opening branches across much of Europe.
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Answer and Explanation:
The journal entries are shown below:
cash Dr $7,500
To Service revenue $7,500
(being cash receipts is recorded)
Prepaid insurance $3,060
To cash $3,060
(being cash paid is recorded)
Musical equipment Dr $10,500
To cash $10,500
(being cash paid is recorded)
Cash Dr $11,000
To note payable $11,000
(being receipt of the loan is recorded)
These four journal entries are need to be recorded
Salutary products are products that have low immediate appeal but may benefit consumers in the long run.
<h3>What is Long Run?</h3>
There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.
A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.
In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.
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