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2 years ago

Which of the following is a characteristic of a certificate of deposit?

Business

1 answer:

valentinak56 [21]2 years ago

8 0

Answer:

C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days

<u>Multiple- choices</u>

A). You have to earn at least $100,000 in salary to be allowed to buy a CD

B). It is just a different name for a savings account

C). It requires that the funds be kept in the account for a minimum fixed period of time e.g. 90 days

D). Only large banks offer them

Explanation:

Banks and other financial institution offer certificates of deposit (CD) saving account to customers who intend to limit the number of withdraws. This type of savings account pays a higher interest rate than the regular savings account. A customer wishing to open this account agrees with the bank on the duration that they want to save the money. Withdrawals can only be made after the agreed period lapses. Should the customer demand for their money before the end of the agreed period, they may get penalized by the banks.

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A process cost system would be used for all of the following products except computer chips. motion pictures. chemicals. soft dr

denpristay [2]

One thing that a process cost system cannot be used for from the given options is Motion pictures.

<h3>What is process costing?</h3>

This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.

Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.

Find out more on process costing at brainly.com/question/17129908

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1 year ago

A tariff or quota will _____ prices and _____ the consumption of the protected goods in the importing country.

Vadim26 [7]

Raise;decrease is the answer to this question

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2 years ago

Read 2 more answers

Jonas is a 60% owner of Ard, an S corporation. At the beginning of the year, his stock basis is zero. Jonas's basis in a $33,200

olya-2409 [2.1K]

Answer:

Capital gain $24,900

Explanation:

Jonas's Stock basis $33,200

Less $8,300

Capital gain $24,900

$24,900 cash distribution - Net share of Ard's taxable income $16,600= $8,300

Therefore Jonas's recognized capital gain

of $24,900

6 0

3 years ago

All else constant, an increase in a firm's cost of debt: a. will lower the firm's weighted average cost of capital. b. will resu

Elanso [62]

Answer:

Explanation:

will increasethr firm's capital structure weight of dept.

8 0

2 years ago

The demand curve for a monopoly is horizontal because the demand is perfectly elastic. upward sloping. vertical because the dema

timama [110]

Answer:

Downward sloping

Explanation:

According to the law of demand, this law states that there is a inverse relationship between the price of a commodity and the quantity demanded for a commodity. This indicates that as the price of the commodity increases then as a result the quantity demanded for that commodity decreases and as the price of the commodity decreases then as a result the quantity demanded for that commodity increases.

Monopoly refers to the market conditions in which there is only a single firm operating in a whole market.

Hence, due to this inverse relationship between the price and the quantity demanded, the demand curve for a monopoly firm is downward sloping.

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3 years ago