Answer:
The correct answer is b) a Ponzi scheme.
Explanation:
The Ponzi Scheme is a fraudulent investment operation that involves paying investors interest obtained from the money of new investors (and not from the generation of genuine profits). It is a pyramidal system, in which the only way to share benefits requires that participants recommend and capture (refer) to more clients with the objective that new participants produce benefits to primary participants.
This system does not invest in financial or other instruments, it only redistributes money from some investors to others, so the system works only if the number of investors in the pyramid continually grows; once people stop entering the "business", the scammer is prevented from fulfilling his promise and the pyramid collapses
In China, Peonies is considered as the most dignified and elegant flowers.
It's a common tradition in china to give a newlywed coupe a scroll painting of peonies. It symbolized the wish of success in romance, Happy Marriage, Honor, and wealth
Answer:
c. pay-for-performance standard
Explanation:
Pay-for-performance compensation means that there is the payment is made that depend upon the performance. In this, the employee can get the incentive and reward for attaining the goals & objectives also at the same time they would be highly motivated to perform better
So as per the given situation, it is a pay-for performance standard situation
Answer: Economic perspective is when an issue is considered been affected by the economy or the economy affecting the issue when making a decision. This decisions making are described as follows;
Scarcity; Available resources can only be used for only one purpose at a time, that means choice has to be made. Because I choice must be made, decision making has to be considered. Scarcity and choice goes together.
Opportunity cost; The cost of any activity,goods or services is the absolute value of what must be given up to obtain it. That means a decision for the value to be given up as cost, to get a goods, services or activity should be weighed.
Utility; this is the satisfaction derived from the consumption of a goods or services. Before a satisfaction can be achieved, a value must be given up to achieve such satisfaction, a decision of the value to be given up compared to the satisfaction should be weighed
Marginal analysis; any option considered in decision making weigh the marginal benefit against the marginal cost, where marginal means extra, additional, or a change in. Therefore the marginal cost of an action should not exceed it's marginal benefits. Whether the decision is personal or one made by business organization or government, the principle is always the same.
Purposeful behaviour; people always weigh costs and benefits in a way to maximize satisfaction with their decision. They should be a rational self-interest, which will lead to achieving maximum utility in decision making.
Complete Question:
Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.
Group of answer choices
A. Bank deposit slips; clearing.
B. Cash receipts; being returned.
C. Bank statements; bouncing.
Answer:
C. Bank statements; bouncing.
Explanation:
Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing.
A bank statement can be defined as an official summary or list of financial transactions, which typically comprises of the amount of money that has been paid into or withdrawn from account by an individual or business entity over a specific period of time.
Generally, a bank statement usually has the following information charges, deposits, withdrawals, including the opening and closing balance for each account held at a given the period.
Hence, it is very important and necessary to reconcile records frequently with bank statements in order to prevent checks from bouncing or becoming void.