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Romashka-Z-Leto [24]
3 years ago
8

Which of the following statements is​ correct?A.A bank statement must be mailed to customers each month.B.Physical copies of can

celed checks must be included in the monthly bank statement. C.The bank statement does not include an ending balance of the​ customer's account because the bank cannot determine which checks have been cashed during the statement period.D.A bank statement is a document from the bank that reports the activity in the​ customer's account.
Business
2 answers:
ale4655 [162]3 years ago
8 0

Answer:

The correct answer is 'A'

Explanation:

A bank statement refers to a document that is a part of the statement of account of a customer that is sent to the customer by the bank every month. It also summarizes the transactions of the account held by the customer within a month.

Oduvanchick [21]3 years ago
5 0

Answer:

The correct answer is letter "D": A bank statement is a document from the bank that reports the activity in the​ customer's account.

Explanation:

Bank statements are the reports of the activities of account holders' accounts over a certain period of time that tends to be one (1) month. In the statement charges, withdrawals and payments are reported including the balance the account holder has available at the end of the period.  

Bank statements are useful for account holders to keep track of their transactions to prevent fraudulent activities. Account holders have the option to be sent their bank statements at home or to their e-mail addresses if desired.

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: When you go looking for a job after graduation, what sources do you expect to use? Why?
Anna71 [15]

Answer:

you can use different types of research n ask people about information

Explanation:

it will make things easier for you about the challenges you will face and how to deal with them

8 0
2 years ago
Jennifer Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activ
olya-2409 [2.1K]

Answer:

B) = $38.44

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.</em>

Activity rate is calculated as:

<em>Activity cost for the period / Total cost drivers for the period</em>

<u><em>Activity rate for supporting customers:</em></u>

<em>The appropriate cost driver to allocate supporting customer activity is the number of customers as given.  This is so because it is most likely that the number of customers served will be a major factor that influences the supporting customers activity costs. </em>

<u><em>Activity rate for supporting customers </em></u>

= Supporting customers overhead/total number of customers

= $34,600/(600+300)

= $38.44

5 0
3 years ago
Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed de
Ne4ueva [31]

Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages- <u>the cash flow from disposal is $46720</u>

Explanation:

Given that  the four-year sale is at $50,000.

we know that the book value of the machine must be established in order to determine if a gain or loss has been incurred at disposal.

The depreciation schedule for the $70,000 machine is: given as

Year 1: $70,000 &times; 0.2000 = $14,000

Year 2: $70,000 &times; 0.3200 = $22,400

<u>Accumulated Depreciation </u>= $14,000 + $22,400 = $36,400

<u>Book Value of machine </u>= $70,000 - $36,400 = $33,600

<u>Gain on disposal is</u> $50,000 - $33,600 = $16,400

Tax on Gain = Gain on disposal &times; Tax rate = $16,400 &

times; 0.20 = 20% of $16,400=20/100*16400=3,280

<u>After-Tax Cash Flow at disposal</u> = $50,000 - $3,280 = $46,720

8 0
3 years ago
Roberta is a customer service representative at a car rental company. Read the passage. Which actions might lead to increased cu
pochemuha

Answer:

Training

Explanation:

Learning within a workgroup is the only way to improve performance. An outstanding representative as Roberta needs to transfer her skills to the rest of the team. One strategy to accomplish that is naming her as responsible for on-board training for the new teamates.

Another strategy is to use surveys after the calls to know what are the opinions of clients regarding services. It allows to identify improvement opportunities.

3 0
3 years ago
Jose wants to find out how many men wear bright colored ties. Which
sergey [27]

Answer:

survey

Explanation:

6 0
3 years ago
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