The u.s. treasury, the federal reserve banks, commercial banks, and thrift institutions excluded According to the question, the "federal reserve system" is the organisation in charge of controlling the nation's money supply.
The central banking system of the United States of America is said to have a variety of duties to carry out. The main duties include keeping an eye on financial institutions, controlling the amount of money in the economy, acting as the government of the United States' fiscal agent, etc. As a result, its main goal is to ensure the financial and monetary systems are secure, flexible, and stable.A commercial bank purchases a Treasury bond from the Federal Reserve for $100,000. the amount of money available could rise by $100,000.The Federal Reserve buys and sells government assets to control interest rates and the availability of money. This activity is classified as open market activities.
To know more about U.S treasury visit:
brainly.com/question/29485988
#SPJ4
Their is a check that was not recorded properly, or all the deposits for the month where not recorded.
Based on the BB10 smartphone being written down by $1,700,000, the journal entry would involve debiting Cost of goods sold and crediting Inventory.
<h3>Why would the above be done?</h3>
The question seeks the journal entry of the above write down. The inventory will be written down by $1,700,000 and this will be charged to the Cost of goods sold.
The journal entry is:
Date Account title Debit Credit
2014 Cost of goods sold $1,700,000
Inventory $1,700,000
Find out more on writing down inventory at brainly.com/question/5771882.
Answer:
Explanation:
Organizational selection systems are designed to try and find the candidates that have the best academic qualifications for a job. Once an organization finds a candidate that can provide real value to the organization, get the job done efficiently, and has the attitude and personality traits they are looking for they tend to hire this individual. Regardless this does not mean that the individual being hired knows all of the unique organizational aspects or even the organizational culture. Training helps these new hires quickly adapt to their new work environment by learning the norms of the organization.
