Answer:
Strategic Plan
Explanation:
The strategic plan is the long term plan which mostly encompasses 3-5 years and is the objective of the company which it tries to achieve in this duration. The strategic plan is alligned with the mission and values of the organization to ensure the right path the company is directed.
Advertising is when you present something and people like it sale means to give things away
Answer:
c. Deducted from the book balance of cash
Explanation:
A debit memorandum for printing check is the amount paid by the company for the printing of checks. This is a deduction from the bank balance in the bank statement.
Hence on the bank reconciliation, in other to capture transactions already captured in the bank statement but unrecorded in the books such as an unrecorded debit memorandum for printing checks, deducted from the book balance of cash.
Answer:
20; $1 billion
Explanation:
Given that,
New funds = $20 billion
Required reserve ratio = 5%
Money multiplier:
= 1/Required reserve ratio
= 1/0.05
= 20
Initial money increase by:
= Funds wants to be in the money supply × Required reserve ratio
= $20 billion × 5%
= $1 billion
Therefore, the Fed should initially increase $1 billion in the money supply.