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Misha Larkins [42]
3 years ago
11

Which of the following accurately describes the requirements banks must meet under a fractional reserve banking system? A. Banks

must pay a specific fraction of their assets in taxes. B. Banks must get government approval for all loans. C. Banks must keep a specific percentage of deposits on hand. D. Banks reserve the right to raise interest rates at any time.
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer:A,B,E,F

Explanation:

Just took the test

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If u cause a car accident which type of insurance will require you to pay the least out of pocket?
PilotLPTM [1.2K]
A high deductible plan would work, just in case.
4 0
3 years ago
When units produced exceed units sold, net income will generally be ______ costing. Multiple choice question. the same under bot
Vika [28.1K]

Answer:

higher under absorption costing than under variable costing.

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

In Business management, when the total units of goods produced by a business firm (manufacturer) exceed the total units of goods sold, net income will generally be higher under absorption costing than under variable costing.

7 0
3 years ago
In 2015, the country with the highest GDP per capita in the world was
Musya8 [376]
I think c or d I’m sorry I’m not ver sure
5 0
3 years ago
Read 2 more answers
Precision Paper Products produces both paper towels and paper napkins. The production process begins with the receipt and pulpin
alexdok [17]

Answer:

d. The maintenance costs associated with the napkin folding machine.

Explanation:

The cost that required one or more processors to produced a final product is known as joint cost

Here in the given question, the maintenance cost is not considered to be a joint cost as this cost are associated with the paper napkins

Also, the pulping, screening, rolling, etc are considered to be joint cost

Hence, the correct option is d.

4 0
3 years ago
Ship Co. produces storage crates that require 34.0 meters of material at $0.20 per meter and 0.30 direct labor hours at $19.00 p
Shtirlitz [24]

Answer:

Total standard cost = $103.7

Explanation:

<em>Standard cost is the sum of the standard material cost , standard labour cost and standard overhead</em>

Overhead  = OAR × direct labour hour

               = $16 × (0.30×$19.00)= 91.2

Standard cost = (34.0×$0.20) + (0.30×$19.00) +  91.2 = $103.7

Standard cost = $103.7

5 0
3 years ago
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