The set of skills and knowledge needed to make informed decisions about

seropon [69]

Answer:

c) A government insurance program that will pay back account holders if the bank or lending institution fails

Explanation:

The FDIC is an acronym for Federal Deposit Insurance Corporation. It was founded by Franklin Roosevelt on the 16th of June, 1933.

FDIC is a government insurance program that will pay back account holders if the bank or lending institution fails.

The income generated from the premium payments of insured banks is used to fund or finance the FDIC.

5 0

3 years ago

Read 2 more answers

The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the ________ interest rate. A.

finlep [7]

Answer: The correct answer is d) NOMINAL

Explanation: Nominal interest rate is the interest rate before inflation is taken into account. Nominal interest rate can also be used to the advertised or stated interest rate on a loan, without taking into account any fees or compounding of interest.

It is the contractual interest rate charged by a lender or promised by the borrower.

3 0

3 years ago

Why is it important to include industry terminology in a résumé? How can you find industry terminology?

xxTIMURxx [149]

The industry terms which you are looking for will be considered keywords for your resume. One of the best ways to get noticed in the field is to include your resume on job search databases, where recruiters can search for individuals who may fill a position which they have open. In order for your resume to get noticed, it will need to come up in a search which is conducted by those recruiters on those sites. How will those recruiters find your resume? They will search for particular job and industry related terms which appear in any of the resumes. If your resume includes those terms, you will be sure to pop up in their results list.

4 0

3 years ago

Read 2 more answers

How much total depreciation and amortization expense did Patnode record during 2015?

Oxana [17]

Answer:

d. $5,000

Explanation:

Patnode's information is missing, so I looked it up. I found the balance sheet for 2014 and 2015. Hope that it is the same question:

total depreciation expense for 2015 = change in accumulated depreciation (2015 - 2014) + change in accumulated amortization (2015 - 2014) = ($3,000 - $0) + ($3,000 - $1,000) = $3,000 + $2,000 = $5,000

3 0

3 years ago

Ms. BK is a self-employed architect who earns $205,000 annual taxable income. For the past several years, her tax rate on this i

scoray [572]

Answer:

a.- 20,500 less tax collected

b.- 1,750 less tax collected

c.- 26,750 less tax collected

Explanation:

under a static forecast:

205,000 x (0.35-0.25) = 205,000 x 0.1 = 20,500

The government will collect 20,500 less dollars from Ms BK's

under a flexible forecast:

205,000 x 35% - 280,000 x 25% = 71,750 - 70,000 = 1,750

It will loss tax revenue for $1,750

205,000 x 35% - 180,000 x 25% = 71,750 - 45,000 = 26,750

3 0

3 years ago