Answer:
The Summons.
Explanation:
A summons is a legally binding document provided for different purposes by a judge or by a law administrative agency.
- A judicial order shall be made to an individual who is interested in legal action. Civil action against the individual may be underway, or the presence of the person as a victim may be allowed.
- The summons specifies a date through which the person or organization called must either show up in court or address the court or even the opposition candidate or parties in response.
Answer: This is a violation of position limits
Explanation:
When checking to see if there has been a violation of control limits, all the accounts managed by a single entity or all accounts under <em>common control</em> will be added up instead of being evaluated on an individual basis.
John manages 25 accounts out of which he bought calls for 10. He bought 30,000 for each of the 10 which would mean that he bought 300,000 call contracts.
This exceeds the 250,000 contract limit so is a violation of position limits.
Answer:
Retail banks operate in order to earn profit, while credit unions are nonprofit
Explanation:
What is a major difference between retail banks and credit unions?
Retail banks only serve businesses, while credit unions only serve individuals.
- This answer is false, both retail banks and credit unions serve businesses and individuals.
Retail banks operate in order to earn profit, while credit unions are nonprofit.
- This answer is true, retail banks earn profits while credit unions are non-profits.
Retail banks only have small local branches, while credit unions are nationwide.
- This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.
Retail banks manage a person's money, while credit unions focus on providing loans.
- This answer is false. Both retail banks and credit unions offer money/investment management services in addition loans. The financial products offered by retail banks and credit unions depend on the market served and business conditions.
Answer:
results of business activities should be reported in an appropriate monetary unit
Explanation:
Answer:
Cost of goods sold= 97000
Ending Inventory = 4000
Explanation:
Solution is attached below
