Basic checking account = <span>Both does not earn interest and has a low minimum balance requirement;
</span>interest-bearing checking account = <span>Both earns interest and allows unlimited ATM use;
</span>savings account = Both restricts access to funds through withdrawals;<span>
money market deposit account = pays higher interest than a savings account;
</span>
Answer:
B: Approving Strategic goals and plans
Explanation:
The BOD meets frecuently to revise and define the Strategy and take the most relevant decitions of the company . The members of the BOD are the shareholders representatives in the busines.
<h3>B. Steer away.</h3>
For example, if you were about to get into a crash - someone's car as coming at you if you were to stop they'd hit you. Therefore, steering away would avoid a crash, objects coming at you etc. This is the most common way to avoid a crash. Although steering away is an option as other options are in availability like backing up etc.
Answer:
Your answer is false
Explanation:
this is because if you are looking to hire a vice president you will have to budget for their salary.
Answer:
The answer is: B) purchase records are not maintained.
Explanation:
There are two methods for estimating inventory costs:
- Gross Profit Method
: uses the information from the income statement. If operating conditions remain similar, the proportion between total sales, profits and COGS should be similar (lets say profit is 30% and COGS is 70% of total sales). You can estimate your inventory costs by using the information on total sales.
- Retail Method: It is used mostly by merchandising firms (retailers) that have consistent mark-ups. You have to determine the proportion between cost and retail price (lets say the COGS is 80% of the retail price). Then if you are given the retail inventory, you can determine the COGS using the proportion determined previously.
