Answer(1)
<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>
Explanation:
The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.
Answer (2)
<em>a. more reserves, causing an increase in lending and the money supply</em>
Explanation:
Excess lending from the national reserve due to a lowered discount rate will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .
Generally accepted accounting principles are the standards and rules that accountants follow while recording and reporting financial activities.
<h3>
What is Generally accepted accounting principles?</h3>
A unified collection of accounting regulations, guidelines, and practices published by the Financial Accounting Standards Board is known as generally accepted accounting principles (GAAP) (FASB). When assembling their financial accounts, American public firms' accountants are required to adhere to GAAP.
Ten basic principles serve as the framework for GAAP, which is a set of regulations. The International Financial Reporting Standards (IFRS), which are seen as more of a principles-based norm, are frequently used as a comparison. There have recently been initiatives to move GAAP reporting to IFRS because it is a more global standard.
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Comisiones ahorro obligatorio. Es la comisión que cobra cada AFP por la administración de las cuentas de capitalización individual de ahorro obligatorio y corresponde al 10% del ingreso mensual del trabajador.
Una comisión es una tarifa que se paga a un agente como compensación por la ejecución de una transacción. Se calcula como un porcentaje del valor de la transacción o como una tarifa fija.
Espero que esto haya ayudado!!
Answer:
D
Explanation:
The cash flow statement, as the name implies, report the use of company's real cash use in three area: investing, operating and financing activities as well as cash available at the beginning of the period and the end of the period as the result of three activities mentioned above.
