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2 years ago

What is true about credit unions?

Business

2 answers:

Vesnalui [34]2 years ago

8 0

All of the above are true.

Alexandra [31]2 years ago

6 0

Answer: All of the above are true.

Explanation:

Credit unions refer to a financial institution owned by a group of people who are connected by common bond in order to provide traditional banking system. They offer savings account and are established to promote the well-being of their members. The profits generated by them are given back to the members in the form of reduced fees, higher savings rates and lower loan rates. The money saved in the savings account is used for providing loans to other members. The interest which they charge on loans to members is used to generate income for the credit union.

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In recent years some companies have begun to work closely with their customers and/or suppliers by sharing information to develo

notsponge [240]

Answer:

Collaborative Planning, Forecasting and Replenishment

Explanation:

Based on the information provided within the question it can be said that the procedure they are following is known as Collaborative Planning, Forecasting and Replenishment (CPFR). This is a concept whose main focus is enhancing supply chain integration by emphasizing joint practices. Which is what is being done in this situation as companies begin to work closely together with their customers and/or suppliers.

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3 years ago

Please help. Atleast the top 2

Zepler [3.9K]

Answer:

Number 1 is Pure Market. Number two is socialist, I'm pretty sure.

Explanation:

Please mark me brainliest if someone else answers :>

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3 years ago

For which of the following errors would the appropriate amount be added to the balance per books on a bank reconciliation?

Anni [7]

Answer:

D. Check written for $ 59 but recorded by the Company as $ 95

Explanation:

The correct choice is D since a check written at a higher than the correct amount has to be adjusted by adding the differential amount to the balance per books.

The options B and C are errors by the bank and thus would need to be adjusted on the bank side of the bank reconciliation.

The option A refers to a check value erroneously understated in the balance per books and this would require a deduction on the balance per books.

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3 years ago

Read 2 more answers

Raymond Autobody Shop has the following accounts

Rashid [163]

Answer and Explanation:

The creation of the chart of the account by applying the standard numbering system is presented below:

For the assets it would be started by 100

For the liabilities it would be started by 200

For the owner equity it would be started by 300

For the revenue it would be started by 400

And, for the expenses it would be started by 500

Now the creation is as follows

Balance sheet

Assets Liabilities Stockholder equity

100 Cash 200 Account payable 300 R. capital

110 Automotive supplied 210 unearned revenue 300 R. withdrawal

120 equipment

Income statement

 Revenue Expenses 

  400 service revenue 500 utilities expense

510 advertising expense

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3 years ago

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Rina8888 [55]

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Because the employees are using online resources and being more efficient because of them, this is a way that the company is using technology to streamline their communication. By streamlining they are becoming advanced with technology and using it to benefit the company in the long run.

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3 years ago