Answer: A Debit Card
A debit card is a payment that deducts the amount directly from a person's checking account.
It is gives the holder the advantage of paying directly from his bank account while making purchases and removes the need for carrying large amounts of cash.
There are no interest payments that accrue on withdrawing the money since these are not borrowed funds. Since purchases are made from own funds, there maybe a limit imposed on the quantum of daily purchases
Debit cards allow the holder to withdraw funds from ATMs of the issuing banks and a network of banks.
All the transactions made through a debit form a part of the bank statement. This enables a holder to keep track of how much is available in the checking account.
Answer:
Lone wolf.
Explanation:
A lone wolf is someone that works and exists independently rather than with others as a member of a team. Is typically introverted, self-motivated, and is extremely focused on completing her/his own tasks.They have a strong preference for independence and doing most things on their own. Loners or “hermits” have a reputation of being biased. As a rule, they are not entrusted with large, profitable projects. At least not often.
By contrast, the latter case is a team player who needs the interaction of others to assist their own personal performance.
Her opportunity cost is what she could have earned in that occupation instead of doing her own accounting work.
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Explanation:</u></h3>
Opportunity cost refers to the loss of any gain that can be attained from the alternatives that are available, when one alternative is chosen by a person. For instance consider that a person has decided to go for a movie during his free time. The cost she spent for the movie can be spent to the things that can be more useful. For example investing in something which is the opportunity cost here.
The opportunity cost is also called as economic cost. It can be calculated by measuring the amount that the time of the owner to be obtained from the next best usage. For instance the owner can consider doing accounting work to some other firm than doing for his own firm. Thus he opportunity cost would be the amount that she can earn from the other firm than doing accounting work for her own company.
Answer:
The correct answer is Money in flexible spending accounts is not taxed, so employees get more take-home pay.
Explanation:
Flexible Spending Accounts (FSA), also known as reimbursement accounts, are optional benefit plans offered by many US employers. UU. which allow their employees to save money from their salaries on a pre-tax basis for eligible out-of-pocket medical expenses and dependent care.
There are two types of FSA. One is for expenses related to health care and the other for expenses related to dependent care. These two accounts are separated. You can enroll in one or both during the open enrollment period, but it is important to keep in mind that the money in one account cannot be used to pay expenses for the other.
You can enroll in an FSA only during the open enrollment period of the company unless you have a "change in family status" that meets the requirements during the year, such as a marriage, a birth or adoption, a divorce or loss of insurance coverage of your spouse. The amount (s) of the contributions you designate for the year will be deducted from your salary each month (or each pay period, check your employer's plan for more details).
You must re-enroll actively and every year in the FSA; the amounts of contributions are not maintained from one year to another. Also note that FSAs are not transferable from one employer to another. You must enroll in your new employer's plan if you change companies.
