1. The Bank manager is imposing a 10% interest rate on the new salary loan to every account in the BPI Family Bank. (ANSWER SHOU
1 answer:
Hi, you've asked an incomplete question. However, I inferred you want to know the type of accounting activity involved in this process.
Answer:
<u>CALCULATING</u>
Explanation:
The process of imposing a 10% interest rate of course would require <em>calculating </em>how much cash value is to be deducted from the "new salary loan" of the respective accounts in the "BPI Family Bank".
This process in accounting often involves computing the individual loan amount multiplied by the interest percentage. For example, a 10% interest rate on a salary loan of $2000 would be = $200
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Answer:
Option (d)
Explanation:
- The Continue statement is used inside the looping statements.
- When a Continue statement is encountered inside the loop, it stops executing the current iteration ( it skips the next steps in the current iteration) and goes to the next iteration.
- It then continues to execute the loop for the next iteration.
- The continue statement can be used in all the looping structures ( for loop, while loop, do while loop ).
- The syntax for continue statement is "
"
- Options (a),(b),(c) are wrong options.
- Option (d) is correct option.