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lozanna [386]
3 years ago
7

In two to three sentences, explain online banking and its purpose.

Business
2 answers:
Strike441 [17]3 years ago
5 0

Answer:

It is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. It is usually used as an easier and faster way to connect with your bank and to access your banking information.

Explanation:

Sergeeva-Olga [200]3 years ago
5 0

Answer:

Banking online means accessing your bank account and carrying out financial transactions through the internet. The purpose of banking online is it allows you to carry out a number of tasks such as paying bills and transferring money, without having to call or go to your bank.

Explanation:

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A profit-maximizing firm operates in purely competitive product and resource markets, with the following resource and production
andrew11 [14]

Answer:

b) 5

Explanation:

W TP MP MRP

1 100  

2 190 90 900

3 270 80 800

4 340 70 700

5 400 60 600

6 450 50 500

7 490 40 400

8 520 30 300

the marginal product of n labor = (total product of n labor - the total product of p labor)/(n-p)............(n>p)

Marginal revenue product = marginal product*price

the firm employ input up to marginal revenue product equal to the wage

MRP = wage or closest lower wage

where W = 5

the firm will higher 5 workers.

7 0
3 years ago
Read 2 more answers
Around the world oil is priced consistently in United States dollars. In economic terms this is an example of:
Zina [86]

Answer: unit of account

Explanation:

The unit of account is function of money which refers to the standard monetary unit of measurement of a good or service.

Since oil is priced consistently in United States dollars around the world, this means that dollars is the standard monetary unit of measurement and is therefore, the unit of account.

8 0
2 years ago
If csc θ = 2, Find sin θ
RoseWind [281]
If csc 0=2, then that makes 0 then equal 4.
5 0
3 years ago
The amounts for recording properties and services purchased by a business are determined using the:______.
Alex17521 [72]

The amounts for recording properties and services purchased by a business are determined using the cost concept.

<h3>Which principle determines the amount initially entered into the records for purchases?</h3>

A principle of accounting establishes the initial amount entered for purchases in the accounting records. According to the cost idea of accounting, all purchases of items (such as assets or items required for spending) should be recorded and kept in books at their original cost. Therefore, unless specifically indicated differently, it should be understood that an asset's value on a balance sheet represents its cost. Let's use the case of a company that pays cash or bank for a building worth $200,000. The worth of the building will be recorded in the accounting records using the cost concept of accounting, which equals $2,000,000. After four years, the building's worth increased to $1,000,000.

To learn more Cost concept, Visit:

brainly.com/question/24077535

#SPJ4

5 0
2 years ago
The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1
jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's  annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0
3 years ago
Read 2 more answers
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