1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ale4655 [162]
3 years ago
14

What are two things you need to maintain if you assist a person with banking and bill paying?

Business
1 answer:
Anton [14]3 years ago
8 0

Answer:

transaction record and a reconciliation of the transactions

An adequate bank balance and a budget.

Legal guardianship of the person and power of attorney

Your documentation as payee for the person you support and the bankbook

You might be interested in
The seaport town of New Monopoly has become extremely popular with shipping companies due to its superior location. The port has
attashe74 [19]

Answer:

Market failure

Explanation:

Market failure is the economic situation where goods and services are not evenly spread out on the market.

In question resources (location) is in favour of New Monopoly seaport and shipsbare forced to wait and enter the port.

Ideally, in a free market resources are to be efficiently distributed so that people do not have to go to only one place to get a good or service.

It is similar to a monopoly in the free market.

3 0
3 years ago
President Obama praised Cumberland Farms, a convenience store chain based in Framingham, Massachusetts, for empowering its emplo
Elina [12.6K]

Answer:

A) Communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges.

D) Adopt a compensation plan that pays employees more when the company meets its goals.

Explanation:

If Cumberland Farms wanted to take other actions to empower its workforce, they should consider communicate regularly about the firm’s progress toward meeting its strategic objectives as well as the threats and weaknesses that pose challenges. this will allow employees to have a better idea of the company and can make better decisions.

They must also adopt a compensation plan that pays employees more when the company meets its goals which would motivate employees to make decisions that would benefit the company and work harder.

5 0
3 years ago
Linda Clark received 175,000 from her mother's estate. She placed the funds into the hands of a broker, who purchased the follow
sweet [91]

Yes, Linda earns a 16% rate of return.

To support this statement, calculations are provided below:

Common stock

Gain on sale ($160,000 - $95,000)

                      = $ 65,000

Preferred stock

Dividends paid (6% x $30,000 x 3 years)

                          = 5,400

Loss on sale ($27,000 - $30,000)

                     = 3,000

Bonds:

Interest paid - ($ 6,000 x 3 years)

                       = 18,000

Gain on sale - ($52,700 - $50,000)

                       = 2,700

Net gain on all investments - $88,100

= $88,100 / 3 years / $175,000 = 16.8%

<h3>What do you mean by the term investments?</h3>

A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation. An investment always entails the expenditure of some capital—time, effort, money, or an asset—today with the expectation of a future return higher than the initial investment. For instance, an investor might buy a financial asset right away with the hope that it would provide income later on or that it can be sold for a profit at a higher price.

To learn more about Investments, visit:

brainly.com/question/14682309

#SPJ4

5 0
1 year ago
Jim&amp;Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and event
kondor19780726 [428]

Jim&Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and events. This scenario illustrates that the company is fulfilling its Corporate social responsibility.

<h3><u>Explanation:</u></h3>

A policy that an organisation follows through which it involves in some charitable activities or contributes something to the society in fulfilling its social goal refers to corporate social responsibility. It can be considered as an ethical strategy that is followed by an organization. It was also considered as a mandatory practice by many organisation operating at different levels.

In the example given, the organisation named Jim&Jenny Inc denotes to non profit organisation for many social causes and events. Hence this scenario can be considered as a corporate social responsibility of that firm and hence it is fulfilling it.

4 0
3 years ago
The difference by which the required discount rate exceeds the risk-free rate is called the
Keith_Richards [23]
Risk premium. 

The risk premium is the difference between the required discount rate and the risk-free rate, as measured by T-bills. This risk premium is important for computing the CAPM and other portfolio management equations. 
5 0
3 years ago
Other questions:
  • During 2017, Ziplock Manufacturing expected Job No. 89 to cost $700,000 in overhead, $1,000,000 in direct materials, and $500,00
    10·1 answer
  • Select the items below that are examples of things that could use the smart card
    8·1 answer
  • What is expansionary policy used for?
    7·1 answer
  • "The potentially valid arguments for tariff protection are also the most easily abused. " What are those arguments? Why are they
    5·1 answer
  • For something to have value, it must _____________.
    10·1 answer
  • What is code of conduct in hospitality?​
    15·2 answers
  • Please help me asap. Will give brainliest answer too.
    5·1 answer
  • What is functional structure in organization?​
    9·1 answer
  • Suppose that in 2010, the producer price index increases by 1.5 percent. as a result, economists most likely will predict that?
    15·1 answer
  • A model for enabling on-demand access to compute resources such as networking, analysis, storage and compute is called.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!