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kiruha [24]
2 years ago
9

An account into which a person deposits money and then can withdraw funds by making a written order to the bank instructing it t

o pay money from the account to another person or a business is known as
a. a savings account.
b. achecking account.
c. a cashier's account.
d. a credit account.​
Business
1 answer:
devlian [24]2 years ago
4 0
B) a checking account
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Ordinary life insurance involves policies marketed on an individual basis, on which policyholders receive a lump sum payment at
Karolina [17]

Answer:

The statement is: False.

Explanation:

Life Insurance is a financial contract that protects an individual's dependents in the case of his or her death. In life, the policy holder makes payments on a regular basis -typically monthly- to be covered and selects who the beneficiaries will be if he or she passes away. The beneficiaries receive a lump sum of payment only in front of that event.

4 0
3 years ago
If an organization ensures that a chain of command or hierarchy is well established, which characteristic of an effective bureau
Vika [28.1K]

I believe the correct answer is Hierarchical Authority

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3 0
3 years ago
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Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni
DiKsa [7]

Answer:

True

Explanation:

When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.

For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>

However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>

8 0
3 years ago
On January 1, Company A leased equipment for a six-year period. Annual lease payments are $12,000 due on December 31 of each yea
raketka [301]

Answer:

Dr Right of use asset 59,007.60

    Cr Lease liability 59,007.60

Explanation:

Variable lease payments are generally not included as right of use asset or lease liability. Even though a 60% possibility exists that an additional $5,000 will be paid, they are not based on an index and are not disguised payments (only two exceptions to this rule).

Annual lease payments = $12,000

PV annuity factor, 6%, 6 periods = 4.9173

PV of lease payments = $12,000 x 4.9173 = $59,007.60

3 0
3 years ago
Planning is often called the primary management function because​ _____________.
lesantik [10]

Planning is often called the primary management function because,

a. it establishes the basis for all the other things managers do

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