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
34kurt
3 years ago
14

Which is a drawback of virtual (internet only) banks?

Business
1 answer:
Wewaii [24]3 years ago
6 0

Answer:

C) Some transactions can only be done in person, not virtually.

Explanation:

Internet banking is less flexible with transactions because there are certain funds which cannot be deposited via banking apps. Depositing a cheque is somewhat possible through internet banking but it is impossible to deposit cash the same way. The account holder is supposed to personally visit the bank to deposit cash. The process turns out to be extremely cumbersome and time-consuming.

You might be interested in
Consider a country that is operating under a system of flexible exchange rates. If the central bank in this country imposes an e
UNO [17]

Answer:

i a depreciation of its currency;

Explanation:

A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.

an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.

If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand.  as a result, the value of money would fall. this is known as depreciation

3 0
3 years ago
Interest income received by a cash basis taxpayer is generally reported in the tax year it is received. True False
FromTheMoon [43]

Answer:

TRUE

Interest income received by a cash basis taxpayer is generally reported in the tax year it is received.

5 0
3 years ago
Suppose Turkey has exports of 2 billion Turkish​ Lira, while its imports are 2 billion Turkish Lira. Calculate​ Turkey's "Index
Damm [24]

Answer:

40%

Explanation:

The index of openness measures how much a country is exposed to international trade. It is calculated by this formula:

Index of Openness= (Exports(X)+Imports (M))/GDP

Index of Openness= (2 billion+2 billion )/10 billion

Index of Openness= 0,4*100=40%

5 0
4 years ago
Antoine recently received an email from a fraudulent organization that sought his personal financial account information. Recogn
Airida [17]

Answer:

The answer is: Phishing

Explanation:

Phishing is carried out by individuals who are trying to scan users. This is done by sending emails to try to collect someone else's credit card information, online banking accounts, or other type of login information. Phishing can also be done through web pages that are designed to illegally collect their users' information.

3 0
3 years ago
ब्दितात शान्तनुका लागि)
ollegr [7]
Xxxcndn kwndkdd ws kind
7 0
3 years ago
Other questions:
  • In the movie 9 to 5​, Maria Delgado worked mornings and her​ sister, who came in a few minutes before Maria​ left, worked the sa
    9·2 answers
  • During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
    9·1 answer
  • Which of the following business combinations is a vertical integration? A. The corner gas station buys the competitor across the
    5·1 answer
  • you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for
    5·1 answer
  • Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has
    14·1 answer
  • Suppose you work for a large coffee distributor that has a secret coffee blend it sells to local stores. You mix the Kenya blend
    11·1 answer
  • Which is true about vendor files?
    6·1 answer
  • Bayou Financial Corporation holds a security interest in property owned by Cajun Farms. Perfection of this security interest may
    7·1 answer
  • Match the correct EFTA and PCI Standards.
    14·2 answers
  • Carolyn bought 200 shares of stock at $30 per share ($6,000 total). She paid $3,000 in cash and borrowed $3,000 from the brokera
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!