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ad-work [718]
3 years ago
14

which type of account typically has very high liquidity, low or no interest, and low minimum balance?

Business
2 answers:
Aliun [14]3 years ago
8 0

Answer: Checking Accounts

Explanation:

The following are some type of accounts,

a). <em>Checking Account</em>- It gives the depositor the lowest level of interest and has a very high liquidity. This account has no or low minimum balance.

b). <em>Savings Account</em>- This has a low interest but gives the flexibility to the depositor to withdraw the money at anytime.

c). <em>Money market account</em>- This account type has a higher interest than any saving or checking account with some minimum balance requirements.

d). <em>CD's (Certificate of Deposits)</em>- This account type has the highest interest at the cost of locking up your funds for a certain period.

Therefore, Checking account is the correct option which has all the features low liquidity, low interest and low minimum balance.

sdas [7]3 years ago
6 0
<span><span>Checking accounts: best for unrestricted access to funds; typically worst for earning interest.
</span><span>
Savings accounts: good for earning some interest with quick access to funds.
</span><span>
Money market accounts: can have higher interest than savings accounts, plus some check-writing and ATM access.
</span><span>
Certificates of deposit (CDs): highest interest rates in exchange for most-limited access to funds</span></span>
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The combination of product lines offered by a manufacturer is called the firm's:
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Answer:

product mix

Explanation:

The combination of product lines offered by a manufacturer is called the firm's: product mix.

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1 year ago
In which of the following situations is having a good credit score important?
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3 years ago
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
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Answer:

1. Cost of the old X-ray machine - SC

2. The salary of the head of the Radiology Department - None

3. The salary of the head of the Pediatrics Department - None

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6. The cost of maintaining the old machine - DC

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3 years ago
A successful organization can involve its employees in the control system in all of the following ways EXCEPT
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D) regulating its behavior; involving employees in the control system is good for an organization but except in regulating its behavior.

More about Organizational Control System:

Organizational control system is crucial to understanding how the organization is doing, spotting problem areas, and then taking the necessary action.

There are three basic types of control systems available to executives:

Output control : The focus of output control is on quantifiable results for the organization. In output control, executives must choose the acceptable performance threshold, inform staff members of the general expectations, monitor whether performance metrics are in line with targets, and make any necessary adjustments.

Behavioral control: In contrast to output control, which focuses on results, behavioral control typically focuses on controlling the activities. Particularly, special procedures and regulations are utilized to shape or impose behavior.

Clan control: Clan control is a non-standardized type of control. It depends on shared traditions, expectations, values, and norms.

Complete Question:

A successful organization can involve its employees in the control system in all of the following ways EXCEPT

A) setting realistic performance results.

B) emphasizing development and improvement.

C) encouraging good communication and mutual participation.

D) regulating its behavior.

E) presenting data in understandable terms.

Learn more about Control System here:

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2 years ago
How do I submit an answer to Brainly?
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Answer:

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