TRUE this statement is true because budget is a performance measurement is the process is collecting
I hope this helped if not tell me what I can do better thanks
Answer:
Financial Services Modernization Act
Explanation:
The Financial Services Modernization Act also called The Gramm–Leach–Bliley Act was enacted in 1999 and it removed barriers that prohibited an insitution to act as a combination of investment bank, commercial bank and insurance company. This law allowed companies in the financial industry to integrate their operations. According to this, the act that permitted the creation of full-service financial institutions that could engage in banking, insurance, and securities activities was the Financial Services Modernization Act.
If you give sales, have really good customer service, have clearance on some items, and if they honor what a worker says to the customer. Also if the workers are respectful
Answer:
End of the year closing capital balance will be = $17,500 (CR)
Explanation:
<u>Income Statement</u>
$
Services Revenue $31,000
Wages Expenses ( $17,400)
Rent Expenses <u> ( $5,200)</u>
Profit <u> $8400 </u>
In summary , end of the year closing capital balance will be :
$10,800 (Capital as given) + $ 8400 (Retained Earning)-$1,700( drawings)
=$17,500
Entries include :
Capital Account (CR) $10,800, Drawings Account(DR) $1,700, Director's Current Account (CR) $1700, Cash or Bank (CR) $1700
Retained Earning (CR) $ 8400
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Answer:
A fidelity bond
Explanation:
Fidelity bond or coverage is the kind of insurance which protects the company or its business owner from the theft, fraud by an employee of the company.
This bond will provide guarantee that if the business owner or company suffers any loss because of employee dishonesty, the chosen insurer will share the loss within the limitations stated in the contract.