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Ilya [14]
3 years ago
12

Differentiate between saving account and current account.​

Business
2 answers:
Afina-wow [57]3 years ago
6 0
A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.


A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.
Mamont248 [21]3 years ago
3 0
Savings account is an account where your savings go and the current account is the one you’ll use for everyday
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Answer:

The internet.

Explanation:

The internet refers to a vast, global system of interconnected computer networks.

There's a standard framework for the transmission of informations on the internet, it is known as the internet protocol suite or Transmission Control Protocol and Internet Protocol (TCP/IP) model. One of the very basic rule of the TCP/IP protocol for the transmission of information is that, informations are subdivided or broken down at the transport layer, into small chunks called packets rather than as a whole.

Hence, the standard Internet communications protocols which allow digital computers to transfer (prepare and forward) data over long distances is the TCP/IP suite.

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5 0
3 years ago
The government of Velovia made progress in its efforts to bring rapid inflation under control. Although prices are still rising,
Hoochie [10]

Answer:

a. True

Explanation:

At the time when the velvovia government made the efforts in its progress in order to control the increased inflation but at the same time the price is also still increasing but the increase rate would be falled down so here it is recommended that the velovia experienced the disinflation where the inflation is considerably slowing and the rate of inflation is also slow down

Therefore the given statement is true

8 0
3 years ago
The following journal entry would be made in a processing costing system when units that have been completed with respect to the
dsp73

Answer: True.

Explanation: The journal entry would be made with processing cost system when the units would have been completed in respect to the work done. The statement is " true".

Processing cost system is used when nearly identical product are produced in mass. The process costing can be described as one method of assigning manufacturing cost to unit produced.

6 0
4 years ago
The chart shows a range of credit scores.
tekilochka [14]

Answer:

B. find it hard to get a loan.

Explanation:

The score range between 500 to 600 is a weak qualification for financial institutions then, the person will obtain a credit in difficult conditions if he is able to find any.

6 0
3 years ago
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Which describes a method for allocating scarce resources?
sergiy2304 [10]

Answer: The Payne County Commission decides to distribute more property taxes to the Public School system for new computers.

Explanation: A good illustration of management of scarce resources is when the county uses taxes to fully furnish all the county schools with new computers.

The income coming to the county although not much is properly handled to make purchase of computers for all schools.

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3 years ago
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