<u><em>SIMPLY: </em></u>
<em>ANSWER</em>:
<u>Though a bank in itself is a financial institution, it differs from other financial institutions by a significant extent. The most prominent difference is the fact that they provide the facility of depositing cash by resorting to savings account―something which the non-banking financial institutions are not entitled to do</u>
<u>Difference between Banks and Financial institutions</u>
<em>It is a tough task to compare the two as there exist several financial institutions, and each of these differ from banks by a significant extent. Differentiating between banks and financial institutions is as good as comparing a deposit-taking financial institution with a non-deposit-taking financial institution.
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<em>If that criteria is taken into consideration both financial set-ups differ from each other on the basis of depositing facility, which is only provided by banking institutions. That’s true to a certain extent, but it is by no means complete.
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<em>Even though banks are deposit-taking financial institutions themselves, they can at times differ from other deposit-taking financial institutions. Credit unions, for instance, allow consumers to deposit (or borrow) money, but in order to avail this facility, you need to be a member of the said credit union.
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Answer:
Explanation:
1. Determine the company's
(a) bank balance on November 30
(b) book balance on November 30 before the bank reconciliation.
(a)Bank Balance is $16,028 at 30th November.
(b)Book Balance is $16,127 at 30th November.
2.What is the amount of cash interest received in the month of November? November cash interest is $37
3. Which of the bank fees is the largest of those charged to the company in November? Check Printing Fees of $35
Answer:
MERCOSUR may have made trade more difficult.
Explanation:
It is a trade divergence due to numerous reasons. It influences nations outside the association since they can't offer to those nations as effectively. The idea was to make a worker's union that would enable every nation to get off their feet and strengthen one another. Yet, it winded up harming one another and different nations for the reasons that it made the trade even more difficult than it was before. So, the impacts of MERCOSUR on firms operation are negative; it made trade more difficult, especially with other countries.
Answer:
The actual cash value a person would receive for a $4,500 destroyed furniture would be:
$3,000
Explanation:
Actual cash value is a method to calculate the value of an insured good. Its formula goes like this: Original value minus the original value divided by the years covered multiplied by two. In our case this would be 4,500-[4,500 / 6 x 2] giving us as result the following operation 4,500- 1500 = 3,000.
Answer:
The answer is option A To effectively track the Sprint progress, Scrum mandates Preparing Sprint burn down charts
Explanation:
Sprints are time-boxed periods of one week to one month, during which a product owner, scrum master, and scrum team work to complete a specific product addition. During a sprint, work is done to create new features based on the user stories and backlog. A new sprint starts immediately after the current sprint ends.
Some scrum teams deploy new product features for use at the end of each sprint. For scrum teams with a release with every sprint, the time to market is simply the sprint length, measured in days.
A sprint burn down chart shows the progress the development team is making and is a powerful tool for visualizing progress and the work remaining.
