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3 years ago

An electronic card that serves as an interface to an ATM is known as a ____.

Business

1 answer:

Leviafan [203]3 years ago

6 0

Answer:

D. debit card

Explanation:

A debit card is an electronic card that enables customers to access their bank accounts via an ATM. An ATM ( Automated Teller Machine) is a banking outlet that allows customers to perform basic banking services such as deposits, withdrawals, transfers, and balance inquiries without stepping into the banking hall.

A customer needs to have their debit card and the PIN to access their bank account via the ATM.

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When Gary objected to the high cost of the copier Wynette was suggesting his office purchase, she replied, "The initial price is

defon

Answer:

E. Compensation

Explanation:

Compensation method is an effective technique in businesses to clarify problems and justify decisions between managers and employees. In the current scenario, Wynette is using the compensation method to clarify and justify her purchase decision. She is giving different reasons why she chose an expensive printer over others; this is a compensation method because it will help her to justify her decision.

4 0

3 years ago

The main pupose of an investment institution is to A. Allow customers to deposit money into accounts at no charge B. Use deposit

Leya [2.2K]

Answer:

The answer is "Option D".

Explanation:

Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.

Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.

3 0

3 years ago

Smoke, Inc. makes and sells buckets. Each bucket uses 1/2 pound of plastic. Budgeted production of buckets in units for the next

Natali5045456 [20]

Answer:

total budgeted direct materials = $24,750

Explanation:

production budget x materials needed:

April = 21,000 x 0.5 lbs = 10,500 pounds

May = 22,000 x 0.5 lbs = 11,000 pounds

June = 24,000 x 0.5 lbs = 12,000 pounds

beginning inventory = 11,000 x 25% = 2,750 lbs
production requirements = 11,000 lbs
ending inventory = 12,000 x 25% = 3,000 lbs

<u>direct materials budget May:</u>

budgeted production 22,000 units

materials per unit 0.5 lbs

materials needed for production 11,000 lbs

budgeted ending inventory 3,000 lbs

budgeted beginning inventory 2,750 lbs.

materials to be purchased 11,000 + 3,000 - 2,750 = 11,250 lbs

price per pound $2.20

total budgeted direct materials $24,750

7 0

4 years ago

The principle of ____ states that an insured should not be compensated by an insurance company in an amount exceeding the econom

Damm [24]

Answer:

indemnity

Explanation:

The principle of indemnity asserts that on the happening of a loss the insured shall be put back into the same financial position as he used to occupy immediately before the loss. In other words, the insured shall get neither more nor less than the actual amount of loss sustained.

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8 0

3 years ago

What impact would the fed's raising the interest rate have on any inflationary pressure in the economy?

Licemer1 [7]

People will eventually start cutting back on their spending since increased interest rates result in greater borrowing costs. Then, when the demand for goods and services declines, so does inflation.

Interest and other expenses incurred by an entity in conjunction with borrowing money are referred to as borrowing costs. An asset that requires a significant amount of time to prepare for use or sale qualifies as a qualifying asset.

A qualifying asset's cost includes borrowing expenses that are directly related to its purchase, construction, or production. The expense of other borrowing costs is recognized.

The fundamental tenet of IAS 23 Borrowing Costs is that if borrowing costs can be directly linked to the purchase, development, or production of a qualifying asset, they should be capitalized. Additional borrowing expenses are deducted from profit or loss.

Learn more about borrowing costs here

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8 0

2 years ago