One way is through the FDIC (federal deposit insurance corporation) which insures the amount you have stored at a bank up to $100,000 in case of bank failure during a financial crisis.
Answer:
true
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Answer:
Instead of Right of use asset, machinery account can alternatively be used.
Date General Journal Debit Credit
Jan 2 Right of use asset $65,000
Lease Liability $65,000
(To record lease)
Answer:
Letter b is correct. <u>Globalization imperative.</u>
Explanation:
Globalization Imperative is a trend that the market today has to expand increasingly regardless of global location. Research shows that globalization, despite being a global reality, is growing and most companies plan to sell abroad. It is an anti protectionist position that benefits the open market. It is a worldwide trend where companies are looking for new technologies and new ways to win market and establish efficient communication in different cultures, with the goal of market gain and competitiveness.
Answer:
The money laundering process usually consists of three steps: placement, layering, and integration.
Placement: The first entry of illegal money into the financial system is its settlement.
Layering: This step hides the source of money through a series of transactions and bookkeeping tricks.
Integration: The money laundered is withdrawn from the legitimate account to be used, and the money is returned to the criminal from the legitimate source.
Explanation:
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