The required reserves will be increased by $4,800 if the customer deposits the amount of $6,000.
<h3>What is meant by deposits?</h3>
Deposits are the amount that the customers put in their savings accounts opened with the banks.
Given values:
Deposited amount: $6,000
Reserve ratio: 20%
Computation of increase in required reserves:
Therefore, the amount of $4,800 will increase the required reserves on the deposit of $6,000 by the customer.
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CBNRM refers to a sys- tem in which decisions regarding resource access and use are vested in a community of identifiable members.
<h3>What is
CBNRM ?</h3>
Community-based natural resource management (CBNRM) is a people-centered approach to integrating natural resource conservation (water, soil, trees, and local biodiversity) and development to combat poverty, hunger, and disease.
CBNRM promotes conservation through the sustainable use of natural resources, provides opportunities for communities to generate income for rural development, and fosters democracy and good governance in local institutions.
Emerging CBNRM initiatives support the principles of participatory democracy and network and link building among various constituency groups, interdisciplinary groups, levels of government, and economic sectors.
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The definition of commodity is D. Some examples are gold, silver and copper.
Answer:
When you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.
I would say your answer is A.
Glad I could help, and good luck!