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TiliK225 [7]
3 years ago
7

The main function of the Federal Reserve System is to:

Business
1 answer:
PolarNik [594]3 years ago
4 0

Answer:

D. Serve as the fiscal agent for the Federal government

Explanation:

The Federal Reserve System (FRS) is the central bank of the United States. FRS regulates the U.S. monetary and financial system.

The functions of Federal Reserve System includes;

1. conducting the nation's monetary policy

2. regulating banking institutions

3. monitoring and protecting the credit rights of consumers

4. maintaining the stability of the financial system

5. providing financial services to the U.S. government.

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Why does a country need good constitution ​
Sergeu [11.5K]

Answer:

<em>The Constitution contains the most important rules of our political system. It protects the rights of the people inside the country, and it explains their obligations. </em>

hope it helps u

and ur welcm

:)

8 0
3 years ago
Audits may be characterized as
hammer [34]

Answer:

(a) 2 and 9

(b) 5, 6 and 7

(c) 1, 4 and 8

(d) 3

Explanation:

(a) financial statement audits,

2. Determine whether an advertising agency’s financial statements are fairly presented in conformity with GAAP. ( independent (external) auditors  )

9. Report on the need for the states to consider reporting requirements for chemical use data. d governmental auditors Render a public report on the assumptions and compilation of a revenue forecast by a sports stadium/racetrack complex. ( independent (external) auditors )

(b) compliance audits,

5. Investigate financing terms of tax shelter partnerships. ( governmental auditors (IRS) )

6. Study a private aircraft manufacture’s test pilot performance in reporting on the results of text fights ( internal auditors )

7. Conduct periodic examinations by the U.S. Comptroller of Currency of a national bank for solvency. ( governmental auditors )

(c) economy and efficiency audits, and

1. Analyze proprietary schools’spending to train students for low-demand occupations ( governmental auditors  )

4. Compare costs of municipal garbage pickup services to comparable services subcontract to a private  business. ( internal auditors )

8. Evaluate the promptness of materials inspection in a manufacture’s receiving department. ( internal auditors )

(d) program results audits.

3. Study the effectiveness of the Department of Defense’s expendable launch vehicle program.  ( governmental auditors  )

4 0
3 years ago
Read 2 more answers
The process of transferring the debits and credits from the journal entries to the accounts is called a.journalizing b.sliding c
Rudiy27

Answer:

d. posting

Explanation:

There are various steps to prepare the financial statements. These are as follows:

1. Journalizing: It is a recording of business transaction with a narration in which the one account is debited and the other account is credited. It can be more transactions debited and credit that is depending upon the nature of the transaction.

2. Ledger posting: After recording the journal entries, the next step is to make the number of ledger i.e posting of the amount and the accounts to their respective ledger i.e sales ledger, purchase ledger, etc

3. Trial balance

4. Income statement

5. Statement of owners equity

6. Balance sheet

7. Cash flow statement

4 0
3 years ago
Which of the following is NOT an example of using the right words?
amm1812

Answer:

i think d it might not be right

Explanation:

8 0
2 years ago
Read 2 more answers
A credit rating (score) of ________ would normally allow you to have easy approval for credit.
NikAS [45]
500 <<<<<<<<<<<<<<<<<<<<<<<<<<
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3 years ago
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