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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.

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Fifo reports higher gross profit and net income than the lifo method when
ddd [48]
<span>FIFO (First in, First Out) reports higher gross profit and net income than the LIFO (Last In, First Out) method when prices are increasing. The FIFO method refers to an inventory system wherein the first items purchased are thought to be sold while the most recent purchases make up the ending inventory. On the other hand, the LIFO method assumes the opposite. The ones sold are the most recent purchases while the earlier purchases are included in the ending inventory. </span>
4 0
4 years ago
Which of the following communication methods would Phil be most comfortable with?As a manager, you want to praise a team member,
Lina20 [59]

Answer:

The best option would be;

A. Call Phil in for a private meeting to appreciate his work

Explanation:

Communication is very important in a company set up since information can be passed between employees of a company. The money in which the information is passed is also important, and usually depends on a variety of factors. These factors differ from one company to another, and therefor one needs to choose wisely the manner in which he/she is to communicate.

One factor that will be considered is the personality of the person that this particular information is to be passed. The information is to be passed in a manner that is respectful and doesn't cause any discomfort or embarrassment to the recipient. In our case, the team member, Phil, is an introvert. Introverts are generally people who keep to themselves a lot and have a dislike of publicity. This means that any option which will make Phil a public figure in the work place would not be well appreciated by Phil.

The best option will therefor be to call Phil in for a private meeting to appreciate his work. This will make Phil feel respected and appreciated while at the same time will not make him uncomfortable by exposing him to the public.

4 0
4 years ago
You own a small deli that produces sandwiches, soups, and other items for customers in your town. Which of the following is a de
dexar [7]

Answer: You renovate the second floor of your building to increase the size of the dining room.

Explanation:

4 0
4 years ago
The introduction of a union into an industry
Lemur [1.5K]

Answer:

Option A (Raises wages and employment in that industry)

Explanation:

A union is a group of people from a specific profession that protests/voices their opinions, concerns, and/or matters that they think are necessary for them to stay in that specific profession.

Labor unions give workers the power to negotiate for more favorable working conditions and other benefits through collective bargaining. Union members earn better wages and benefits than workers who aren't union members. On average, union workers' wages are 28 percent higher than their nonunion counterparts.

5 0
2 years ago
When brand equity is measured using stock valuation with an estimate of the portion of the value allocated to brand equity and n
natka813 [3]

Answer:

The correct answer is letter "B": market value.

Explanation:

Market Value is the price of an asset that is traded or offered for sale in a public forum where multiple buyers are allowed to make offers to buy that asset. For marketable securities of publicly traded companies, the companies are required to issue periodic financial information to the public to meet a full-knowledge requirement.

7 0
4 years ago
Read 2 more answers
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