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
Ratling [72]
3 years ago
5

What is the most important reason financial information is provided by the major regulatory agencies to investors, depositors, a

nd creditors of banks and financial institutions?
a-so they can regulate the banking industry
b-to manage business operations at the bank
c-to manage financial resources
d-to make informed decisions about banks and their financial condition
Business
1 answer:
sergij07 [2.7K]3 years ago
3 0

Answer:

d. to make informed decisions about Banks and their financial condition.

Explanation:

Financial regulatory agencies are saddled with the responsibility of providing financial supervision and regulations to Banks and financial institutions. They also maintain integrity in the financial system inorder to boost the confidence of investors, creditors, depositors and the general public.

However, one of the major reasons why financial information is provided by the regulatory agencies to investor, creditors and depositors is to make informed decisions about Banks and their financial conditions.

This means that various groups that have interest in Banks and financial institution are kept abreast of happenings in the financial sector of the economy and are able to know which bank and financial institution is healthy in terms of finances and to know where to invest subsequently.

You might be interested in
Which of the following is the appropriate rank of sectors (from lowest to highest percentage) of the U.S. Gross Domestic Product
Brilliant_brown [7]

Answer:

B). Agriculture, Industry, Services.

Explanation:

The United States is a highly developed country owning a mixed economy. Its GDP and net wealth makes it the largest economy of the world. The economy of the United States in divided into three major sectors i.e. Agriculture or the primary sector, the Industrial sector, and the service sector. The service sector contributes most to the US economy with 68% of its contribution. The primary sector contributes 5.4% to the GDP and the industry with 26.6% of its contribution to the development of U.S. economy. Thus, <u>option B</u> is the correct answer.

6 0
3 years ago
An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll d
frozen [14]

Answer:

Net pay $569.88

Explanation:

Let the gross earnings be:

$15 * 40 = $600

$15 * 1.5 * 6 = $135

$600+$135

=$735

Withheld Federal income tax = $110

Social security tax rate =0.06* $735

= $44.10

Medicare tax rate = 0.015* $735

= $11.02

Net pay $569.88

($735 - $110 - $44.10 - $11.02)

Amount to be paid to the each employee will be $569.88

8 0
3 years ago
In the Unified Process (UP) methodology, "most of the Requirements activities" occurs during the _____ phases.
qwelly [4]

Answer:

Inception and Elaboration phases

Explanation:

INCEPTION PHASES can be defined as the phase in which the vision of the end-product is been define as well as the associated business case and as well enables the defining the overall scope of a project.

The ELABOTATION PHASE on the other hand can be seen as the phase which help to refine the definition of a product as well help to develop a more precise plan for its development as well as the deployment.

Therefore In the Unified Process (UP) methodology, "most of the Requirements activities" occurs during the INCEPTION AND ELABORATION phases because unified process is a software development process that enables as well uses the UML language to help represent models or type of the software system to be developed.

7 0
3 years ago
There will be a higher equilibrium price and quantity if _____.
Natasha2012 [34]

Answer:

Try A

Explanation:

8 0
3 years ago
Read 2 more answers
Which of the following is the best way to learn about a company culture
Naily [24]
You should include a picture
7 0
3 years ago
Read 2 more answers
Other questions:
  • Lenham, inc. sells merchandise on credit. if a customer pays its balance due within the discount period, what is the effect of t
    12·1 answer
  • A couple thinking about retirement decide to put aside $3,000 each year in a savings plan that earns 8% interest. In 5 years the
    14·1 answer
  • The lower the times interest earned ratio the more likely
    11·1 answer
  • During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of whi
    6·1 answer
  • Is advertising a fixed variable?
    11·2 answers
  • A company prepared the following journal entry:
    7·1 answer
  • Josh is an HR Manager at RoxCom LLC. He is responsible for conducting performance appraisals for all entry-level employees in hi
    15·1 answer
  • A company is considering opening a new product line. The building being considered will have a monthly lease and utility payment
    5·1 answer
  • Given that annual deposit rates for Dollars and Euros are 8% and 6% respectively for the next 5 years. If the current spot rate
    12·1 answer
  • If you could create one product that makes your daily life easier, what would that product be? How would that product work? Wher
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!