The cash that a commercial bank receives as deposits from individuals and businesses is a bank Derivative deposits.
<h3 /><h3>What is Derivative deposits?</h3>
Derivative deposits can as well called secondary deposits , these are the deposits that are in excess of the minimum cash by the banks.
Therefore, The cash that a commercial bank receives as deposits from individuals and businesses is a bank Derivative deposits.
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Answer:
The correct answer is True.
Explanation:
Cost allocations move costs and revenues between cost types, cost centers and cost objects. You can define as many assignments as you need. Each assignment consists of:
- An origin assignment.
- One or more assignment destinations.
The allocation source establishes what costs should be allocated, and the allocation destinations determine where the costs should be allocated. For example, an origin of allocation may be the costs of the type of cost Electricity and Heating. Assign all electricity and heating costs to three cost centers: Workshop, Production and Sales. These cost centers are the allocation destinations.
For each assignment source, you can define an assignment level, a validity period and a variant as a group identifier. You can use a batch job to define filters to select assignment definitions and then run cost assignments automatically.
Answer:
The Break-even point in units= 1,200 units
Explanation:
<em>The break-even point (BEP) is the quantity of each product to be sold such that the business makes no profit or loss. </em>
<em>The beak-even point can be determined as follows: </em>
The Break-even point in units = Total general fixed cost / Contribution per unit margin
Contribution per unit = Selling price - variable cost
= 20 - ( 60% × 20)= 8
The Break-even point in units= 9,600/8 =1,200 units
The Break-even point in units= 1,200 units