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vazorg [7]
3 years ago
7

Which of the following item would cause cash per the hank statement to be smaller than the balance of cash show in the accountin

g records?
A. Check #777 written by the company in payment of a debt for $730.10 a recorded by the bank as $701.30
B. Deposits in transit
C. Interest earned on the average balance of the checking accounted
D. Outstanding checks
E. All of the above would cause the balance per bank statement to be greater than the balance per books.
Business
1 answer:
zavuch27 [327]3 years ago
5 0

Answer:

The correct answer is B

Explanation:

Deposit in transit is the term which is defined as the checks and cash which have been collected and reported by an entity in the books, but it is not yet recorded or processed in the records of the bank where the funds are deposited.

So, the item of deposit in transit will cause the cash per bank statement to be smaller than the balance of cash showed in the accounting records because it is that cash which is received by the company and sent to the bank but not yet processed or posted to the bank account by the bank.

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The supply of loanable funds is $50 billion. Thus, option c is correct.

The supply of loanable funds considers only national savings( public savings + private savings), thus the supply of funds shall be only $50 billion. The national savings is the rate that measures the amount of income that households, business, and the government saves. It looks at the difference between a nation's income and consumption.

The national savings rate is the GDP that is saved rather than spent in the economy. It is an indicator of a nation's health as it shows the trends in savings.

Hence, option c is correct, that is $50 billion.

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A reduction in the number of kanbans (given a constant container size) requires: Group of answer choices an increase in lead tim
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Answer: a reduction in safety stock and/or lead time

Explanation:

Kanban is a visual system that is used for the management of work as the work moves through a process. It should be noted that it is a concept that tells one what to produce, quantity to produce and when to produce it.

A reduction in the number of kanbans (given a constant container size) requires a reduction in safety stock and/or lead time.

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3 years ago
David, an Alabama resident, files suit in an Alabama court against QuickAds, an internet company based in Georgia that provides
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Answer:

b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.

Explanation:

The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.

Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.

In this scenario the case can be tried in federal court because it can handle cases across state borders.

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Answer:

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Answer:

"An economic and monetary union involves the free flow of products and factors of production among member-countries and the adoption of a common external trade policy, but it also requires a common currency, harmonization of members tax codes, and a common monetary and fiscal policy."

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