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3 years ago

In order for clients to satisfy identity verification procedures, they must produce which of the following?

Business

1 answer:

barxatty [35]3 years ago

3 0

Answer: D.) Both A and B are correct.

Explanation:

The Bank Secrecy Act/USA PATRIOT Act demands that people who are applying for bank products should verify their identity.

They can do so via several documents first of which is a single Group A document. These could be Driver's License , Foreign Passport , Military ID etc.

Then there is to be a single identity from both B1 and B2 as well and these include: Employee ID , Check Cashing ID , Food Stamp ID , Indian Tribal Card and the like.

This is being done to limit terrorist financing and money laundering so utmost compliance is advised.

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If I need to buy groceries and I need 200 dollars, but I only have 30. How will I get more money?

liberstina [14]

Answer:

ugg

Explanation:

serious answer

get a job

not serious answer

eat a raccoon from the trash

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3 years ago

For an activity classified as a hobby, the expenses are categorized as follows:

wlad13 [49]

Answer:

Option C is correct.

The correct sequence is (2), (3), (1)

Explanation:

(2) Amounts deductible under other Code sections without regard to the nature of the activity, such as property taxes and home mortgage interest. should be deducted first

(3) Amounts deductible under other Code sections if the activity had been engaged in for profit, but only if those amounts do not affect adjusted basis (e.g., maintenance, utilities, and supplies). are deducted next

(1)Deductions affecting adjusted basis (e.g., depreciation) are taken next. At any point where the expenses exceed income, the deduction is limited to the remaining income.

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3 years ago

Is cereal soup or no?

krek1111 [17]

Answer:

What the heck is a cereal soup

Explanation:

Whatever it is it doesn't sound too apetizing.

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3 years ago

Read 2 more answers

A legal arrangement where two or more people share ownership of a business is called a ______. A. Corporation b. Sole proprietor

liubo4ka [24]

The correct statement is that a legal arrangement where two or more people share ownership of a business is called a partnership. So, the correct option is C.

A partnership may be started by two individuals with an intention to share the profits and losses of such business in a predetermined proportion.

<h3>Partnership Firm </h3>

A partnership firm is a form of business organization where at least two individuals put their resources and carry a legal business.

The individuals of a partnership firm are collectively known as partners, where they tend to share the profits and losses proportionately to their capital invested.

There exists vicarious liability among the partners, which means that all the partners are liable for the acts of one or more partner as per the legal contract.

A partnership firm may be terminated by lapse of time, dispute between the partners, dissolution, insolvency, but has a perpetual succession.

Hence, the correct option is C that legal arrangement where two or more people share ownership of a business is called a <u>partnership. </u>

<u></u>

Learn more about partnership firm here:

brainly.com/question/6346527

6 0

3 years ago

________ in an organization is the division of labor. For example, in a publishing company, there are people who acquire manuscr

fgiga [73]

Answer:

Correct option (5)

Explanation:

Division of labor refers to dividing each job into smaller task and assigning them to employees. These tasks are assigned to each employee based on their skills and abilities.

It helps in increasing efficiency of employees as well provides ease to production process. Division of labor also reduces production cost to a great extent.

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3 years ago