What are the 3 functions of banks?

Answers

Answer 1
the 3 functions of banks are to accept deposits, granting loans and advances, and agency functions

Related Questions

What advantage do federal loans have over private loans?
O A.
They have a low rate of interest.
OB. They offer a larger amount of money.
O c. They allow a longer repayment period.
OD.
They have an easier application process.

Answers

Answer:

The interest rate is fixed

Which of the following best describes the
process of determining the outcome of a
possible risk?
A. analyzing the risk
B. evaluating the effect of the risk
C. taking action to mitigate the risk

Answers

Evaluating the effect of the risk is it

Risk analysis involves quantifying risks and evaluating probabilities to address critical risks.

Risk analysis is a crucial part of decision-making processes, aiming to identify and assess potential risks involved in a situation. It involves quantifying risks and evaluating probabilities to determine the most critical risks that need immediate attention.

QUESTION 3 of 10: What is the life cycle of an idea, from the original idea through, in some cases, its actual implementation?
a) Elaboration
b) Justification

Answers

The us A I’m pretty sure
the answer is elaboration (a)

What do community health centers do? What professions work there?

Answers

Community health centers are like hospitals

Answer:

Community health centers are like hospitals

and people like doctors work there.

Explanation:

Octavia has received an email from a customer, asking her a question about a
product. Unfortunately, Octavia doesn't know the answer. However, she has a
team meeting in two days time where she might be able to learn the answer
to this customer's question. What should Octavia do in this situation?
O
A. Call the customer on the phone to explain the problem.
O
B. No action is required. The customer will assume she needs more
time or is away
O
C. Email her supervisor so that he can respond to the sender's
question.
O
D. Send a quick reply explaining that she needs more time to
consider the question.
SIDST

Answers

Answer:D Send a quick reply explaining that she needs more time to consider the question

Explanation:

Which of the following is NOT a variety of insulation?
Bate and blanket
Flat
Loose-fill
Rigid

Answers

I’m not sure but I believe it’s flat (I haven’t heard of flat before)

The variety of insulation that is not a recognized type is 'Bate and blanket.' Insulation materials work by trapping air within a fiber matrix, and the performance of these materials is measured by their R value.

The type of insulation that is NOT a variety is 'Bate and blanket.' Insulation materials such as fiberglass, cellulose, foam, and certain structured panels are commonly used to reduce unwanted heat transfer. Most insulation strategies use a fiber matrix that traps air, taking advantage of air's low thermal conductivity to minimize heat transfer through conduction and natural convection. The effectiveness of insulation is commonly measured using the R value, which is a measure of the material's resistance to heat transfer. Common types of insulation include loose-fill, flat (often called blanket or batts), and rigid insulation.

For the current year, Stone Company records $10,000 of depreciation on a piece of equipment. Which of the following statements is correct?

The equipment has gone down in market value by $10,000 during the year.
By recording depreciation, the company is matching the cost of using the equipment with the revenues the equipment generated.
The company is setting aside $10,000 of funds to be used to replace the equipment at the end of its useful life.
The company is following the lower of cost or market rule.

Answers

THE CORRECT ANSWER FOR THIS QUESTION IS BY RECORDING DEPRECIATION , THE COMPANY IS MATCHING THE COST OF USING THE EQUIPMENT WITH THE REVENUES THE EQUIPMENT GENERATED.

Explanation:

THE PURPOSE OF DEPRECIATION IS TO MATCH THE COST OF THE ASSET TO REVENUE DERIVED FROM USING THE ASSET OR TO THE PERIOD BENEFITING FROM ASSET.

THE AMOUNT NOT YET DEPRECIATED OR NET YET MATCHED TO REVENUE DOESN'T INDICATED THE  CURRENT VALUE OF ASSET.

NOTE: THE MATCHING PRINCIPLE IS APPLIED TO RECORD THE REVENUE AND EXPENSE RELATED TO THAT IN SAME REPORTING PERIOD.

The average cost to a 50-year-old male for a $100,000 term life policy is $14.34 per month. The same policy would cost a 70-year-old male $79.79 per month. How much more will the 70-year-old pay for a 20-year term?

Answers

Answer: $15, 708.

Explanation:

79.79 - 14.34 (12)(20)

Answer:

The excess amount reimbursed by a 70-year-old male in comparison to a 50-year-old male for the term life policy is $15,708.

Explanation:

What is a term life policy?

An agreement initiated by an insurance company with a policyholder where the policyholder agrees to reimburse a certain amount of premium monthly, quarterly, or yearly, and in return, the company promises to indemnify his/her beneficiary party at the demise of the policy owner.

Given values:

Monthly average cost (MAC) for a 70-year-old is $79.79

Monthly average cost (MAC) for a  50-year-old is $14.34

Computation of excess amount paid by 70-year-old for the term life policy:

[tex]\rm Excess \ Amount = \rm (MAC\ at\ 70\ years * 12 - \rm MAC\ at\ 50\ years\ * \ 12) * 20 \ years \ term\\\rm Excess \ Amount = (\$79.79 * 12 - \$14.34 * 12) * 20 \\ \rm Excess \ Amount =(\$957.48 - \$172.08)*20\\\rm Excess \ Amount =\$15,708[/tex]

Hence, the extra amount of $15,708 is paid by a 70-year-old male for the term life policy for 20 years.

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Which of the following is the primary cost object in most healthcare firmst?
A.) Specific DRG
B.) A covered life
C.) Episode of care
D.) Encounter of care

Answers

This is the primary cost object:

A.) Specific DRG

Explanation:

The firms that handle healthcare are focused on the specific DRG required by the person and not necessarily the number of time healthcare was needed or how many repeated episodes it will involve.

This is because they are concerned with the cost.

There is a world's difference between the regular cost of a regular checkup and a serious ailment but booth are factored in pretty much the same by the healthcare system.

Where can a health insurance policy be purchased? Select all that apply.

company where one works
school that one attends
online health insurance marketplace
local medical clinic
area hospital

Answers

Answer:

company where one works most of da time

Answer:

Company where one works

School that one attends

Online health insurance marketplace

Explanation:

Type the correct answer in the box. Spell all words correctly. What is the first step taken by the management team in any industry? The first step taken by the management team in any industry is to set .

Answers

Answer:

plan

Explanation:

planning is the first step,for every business to succeed there must be planning

Planning is the first step taken by the management team in any industry. The first step taken by the management team in any industry is to set plan.

What is Planning ?

Setting goals and choosing a course of action to achieve them are both part of the management task of planning. Managers must foresee future situations and be aware of the current environmental factors affecting their firm.

Planning entails examining and researching the goals as well as the strategy for achieving them. Making decisions about what to do and why is a method of action.

An organization can set realistic goals and give them a deadline with the aid of careful preparation. Long-term profitability is the result of this. Additionally, it enables a business to set the benchmarks and KPIs required to accomplish its objectives.

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Item 3 What do economists call GDP that uses constant, unchanging prices? constant GDP real GDP nominal GDP factual GDP

Answers

Economists call GDP that uses constant, unchanging prices as

Real GDP

Explanation:

Real gross domestic product (real GDP for short) is a macroeconomic measure of the value of economic output adjusted for price changes . This adjustment transforms the money-value measure, nominal GDP, into an index for quantity of total output.It is calculated using the prices of a selected base year. To calculate Real GDP, you must determine how much GDP has been changed by inflation since the base year, and divide out the inflation each year. Real GDP  accounts for the fact that if prices change but output doesn't, nominal GDP would change.The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in real terms as opposed to nominal terms

Economists call GDP that uses constant, unchanging prices as real GDP.

What is nominal and real GDP?

Nominal GDP represents the raw data in current dollars without taking inflation into account. Real GDP eliminates any distortion brought on by inflation or deflation by adjusting the numbers by fixing the value of the currency.

Why does GDP in nominal and real terms differ?

While real GDP uses a GDP deflator to account for inflation and, as a result, solely shows changes in real output, nominal GDP by definition reflects inflation. The nominal GDP of a nation is typically larger than the actual GDP because inflation is typically a positive number.

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What is the term for the distance between people?
Respiration
Proximity
Positioning
Screening

Answers

The answer for sure proximity !!

In the given case, The term for the distance between people is proximity. Option B is correct.

The term "proximity" refers to the state or quality of being near in space, time, or relationship. It is often used in various fields such as geography, psychology, and sociology to describe the closeness or distance between objects, individuals, or groups.

The term for the distance between people is proximity. Proximity refers to how close or far away something or someone is from another person or object. In social studies, proximity can be used to analyze the relationships and interactions between individuals or groups of people.

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At which time did marketing emerge ? A)During the middle ages B) During the Industrial Revolution C)During World War I D) During the twentieth century

Answers

Answer:

C

Explanation:

Would you hire yourself? Why yes, or no? What are some things you need to improve? Do you perceive yourself the way others perceive you? Explain (7- 10 sentences)

Answers

Answer:

I would hire myself because my mom is a virgin but the sheets are still cold so the mayonaise is probably adopted but thank you I have a cat

________ is what the firm will pay the bondholder when redeeming the bond.

Answers

Final answer:

The Face Value or Par Value is what the firm will pay the bondholder when redeeming the bond. This term references the initial cost of the bond, which is returned to the bondholder upon maturity.

Explanation:

The amount a firm will pay the bondholder when redeeming the bond is known as the Face Value, also often referred to as the Par Value. This is typically the price at which the bond was initially sold, and is the amount that is returned to the bondholder when the bond reaches its maturity date.

For example, a bond with a face value of $1,000 would mean that the firm will give the bondholder $1,000 when it redeems (pays off) the bond.

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Final answer:

The term you are looking for is face value. In the financial world, the face value of a bond refers to the amount that the issuer of the bond promises to pay the bondholder at the bond's maturity date.

Explanation:

The term you are looking for is face value.

In the financial world, the face value of a bond refers to the amount that the issuer of the bond promises to pay the bondholder at the bond's maturity date. It is the principal amount that the bondholder will receive when redeeming the bond.

For example, if a bond has a face value of $1,000, then the bondholder will receive $1,000 when the bond matures, in addition to any interest payments received throughout the bond's term.

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Jennifer is holding performance reviews of all kitchen personnel in her restaurant. What is Jennifer’s role in the kitchen?

Answers

Answer:

It seems as if the answer is in the question.  Jennifer's role is to hold reviews of the employees who work the restaurant.

It could be something else, this just makes sense.

I hope this helped you !

Answer:  Jennifer's role is she is the Executive Chef.

Which is not an example of a risk management strategy

Answers

It’s b Buying a new car
Final answer:

Despite there being various risk management strategies such as risk avoidance, reduction, sharing, and retention, ignoring the risk is not considered a proper strategy. Ignoring risk can make its potential impact more severe.

Explanation:

Risk management strategies generally involve identification, assessment, and prioritization of risks followed by applying resources to minimize, monitor and control the impact of unfortunate events or occurrences. Examples of risk management strategies include risk avoidance, risk reduction, risk sharing, and risk retention. However, ignoring the risk is not a viable risk management strategy. This is because ignoring the risk does not lessen its potential impact, but can instead increase the likelihood of that risk materializing or exacerbating its effect when it does.

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Productivity (output per worker hour of a bicycle manufacturing plant with 600 employees
who work 40 hours a week for 50 weeks of the year and produce 2,400,000 bicycles during
the year is
a. 1
b. 2
c. 10
d. 20

Answers

Final answer:

The productivity of the bicycle manufacturing plant with 600 employees is 2 bicycles per worker hour.

Explanation:

To calculate the productivity of a bicycle manufacturing plant, we need to divide the total output (2,400,000 bicycles) by the total number of worker hours. The total number of worker hours can be calculated by multiplying the number of employees (600) by the number of hours worked per week (40) by the number of weeks worked in a year (50). So, the total worker hours = 600 * 40 * 50 = 1,200,000 hours.

Productivity = Total output / Total worker hours

Productivity = 2,400,000 bicycles / 1,200,000 hours = 2 bicycles per worker hour.

Therefore, the productivity of the bicycle manufacturing plant is 2 bicycles per worker hour.

Final answer:

The productivity of the bicycle manufacturing plant is 2 bicycles per worker hour, calculated by dividing the annual output of 2,400,000 bicycles by the total annual worker hours of 1,200,000.

Explanation:

To calculate the productivity (output per worker hour) of a bicycle manufacturing plant, we use the given data to determine the total number of worker hours in a year and then divide the total output by this number. The formula for productivity is:

Total Output / Total Worker Hours = Productivity

First, let's find the total worker hours:

Number of employees = 600Hours worked per week = 40Weeks worked per year = 50

Total Worker Hours = 600 employees * 40 hours/week * 50 weeks/year = 1,200,000 worker hours/year

Now, we divide the total annual output of bicycles by the total worker hours:

Productivity = 2,400,000 bicycles / 1,200,000 worker hours = 2 bicycles per worker hour

Therefore, the correct answer is b. 2 bicycles per worker hour.

How much does a police officer makes??

Answers

Answer: The average salary for a Police Officer is $52,068 per year in the United States.

Explanation: this is a statistic

What he said thank you bro

What should you do before you withdraw money from
the ATM?
1. Inspect the ATM to make sure it wasn't tampered
with.
2. Share your pin number with trusted friends so you
don't forget it.
3. Ask someone nearby for help using the ATM.
4. Find a hidden ATM so no one will see you withdraw
money.​

Answers

Answer: Inspect the ATM to make sure it wasn't tampered with.

Explanation:

The following step must be taken before one withdraws money from the ATM:

1. Inspect the ATM to make sure it wasn't tampered  with.

No one should share the pin of the debit card to be used to withdraw money from ATM with friends. As some friends dishonestly withdraw money. You should not ask someone nearby to help you using the ATM because the person can dishonestly collect the money from the ATM and can harm you to steal and run with money. You should not find any hidden ATM for withdrawal of the money because the hidden ATM can have manipulated device which can take the pin and help another person to transect the money dishonestly. You should inspect the ATM before withdrawing the money because if the tampered or miss handled ATM device is present it can restrict the transection process or may be dishonestly under the control of other person.

Hence, option 1 is correct.

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Pretend you are Ray and write a letter to the company’s headquarters

Answers

The correct answer to this open question is the following.

Although the question does not include any type of information or references, we can say that Ray has been terminated by the company and he is about to write a letter to the headquarters.

April 2, 2020.

Dear Sirs,

I wanted to write this letter now that I am not part of the company. First I want to express my gratitude for the time I work for you. It was an interesting period in my life and I hope I was of service to you.

Conditions in life change and I, unfortunately, my boss and I did not have enough communication to get along well. I assume my part on the issue but I invite you to immerse a little bit more in what is happening in the Marketing Department to listen to what employees have to say regarding the relationship with the supervisor. Maybe you are going to learn a different perspective of what is happening in the department and how it is affecting the company.

Again, thank you very much for these years and I wish you the best for the company and my fellow workers.

Best regards,

Select the correct answer. In product costing, which component connects overhead costs to cost objects? A. direct cost B. overhead rate C. overhead cost D. cost allocation base

Answers

Final answer:

In product costing, the cost allocation base links overhead costs to cost objects. It serves as a measure of the level of activity or volume associated with overhead costs.

Explanation:

In product costing, it is the cost allocation base that serves the role of connecting overhead costs to cost objects. The cost allocation base provides the link by serving as the measure of activity or volume that is connected to overhead costs. Consider, for example, a manufacturing plant that uses machine hours as its cost allocation base. In such a scenario, the overhead costs, which could include aspects like plant maintenance or electricity, are distributed to each product unit based on how many machine hours were needed for its production.

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If, as the economic problem states, we have limited resources, but unlimited wants, what does this make individuals and societies do? For example, if you have saved $300 and there is a cell phone
you love for $250, but you also need to take a date to the prom, which will cost $300:

a. Can you do both? Why can you/why can't you?

b. What does this situation force you to do?

c. If you choose to purchase the cell phone, what must you give up (Remember, it is not just the money that you give up)?​

Answers

Answer:

B. what does this situation force u to do

The key to success for any business on social media is how it connects with their audience on an authentic level. True False

Answers

Answer:

true :) it is true because without connecting to your audience your business is not going to be very successful because if people dont like you as a person there not going to like doing business with you

If the government and Central Bank don't use economic policy, what could happen?

Answers

This would leave the economy in the laizzes fairie position and it will cause malpractices.

Explanation:

Laizzes fairie is the concept that the market should be left on its own without any government influence or meddling with he rules and let the market rules define themselves.

This is not a good strategy as the malpractices of the market will take over and this makes the poor disadvantaged as they are wont to be taken advantage of by those who own the means of production in the state.

This is why the government's policies are needed as well as the Central bank.

Which of the following acronyms does not represent a managed care plan?
a. HMO
b. PPO
C.POS
d. SOR

Answers

Which of the following acronyms does not represent a managed care plan?


The answer is D
SOR

A managed care plan is a type of insurance for health and there are three types of Care plans HMO, PPO, and POS.

What is HMO?

A health maintenance organization (HMO) is a type of medical insurance organization that offers health services in the US for a set annual price.

Managed healthcare plans come in a variety of forms, including health maintenance organization (HMO), preferred provider organization (PPO), point of service (POS), and exclusive provider organization (EPO) plans.

The group model, individual practice association (IPA), network model, and staff model are the four fundamental types of HMOs.

One significant drawback is that it is challenging to obtain any specialist care because members must first obtain a referral. Any type of care that is required but isn't an emergency or a referral is not covered.

Therefore, Option (d) is correct.

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Select the correct text in the passage.
Which phrase or part of the passage talks about the exit strategy in Ronald's
business plan?
Ronald plans to start a small service business. He is preparing a business plan to
attract investors. In the plan, he has discussed his business's core services and
features. He has provided a list of his employees, and their respective
qualifications. Further, he has stated how he plans to promote his service using the
funds that the investors provide the business. He has also briefly stated the plan of
selling the business's assets in case of failure so that the investors can get their
money back.

Answers

Answer:

He has also briefly stated the plan of

selling the business's assets in case of failure so that the investors can get their

money back.

Explanation:

Answer:  what the other person said

Explanation: They are right

Highlight the role of accounting in business.

Answers

Answer: The Role of Accounting. A system for measuring and summarizing business activities, interpreting financial information, and communicating the results to management and other stakeholders to help them make better business decisions.

Final answer:

Accounting is fundamental in business, serving as a unit of account, measuring profits, and guiding growth strategies. It communicates financial health by differentiating between economic and accounting profit. Accounting also informs business growth through growth accounting studies.

Explanation:

Accounting plays a crucial role in business by serving as a reliable means of measuring and communicating economic information about an organization. It acts as a unit of account which standardizes the monetary value of goods and services, simplifying trade-offs. Accounting records reveal the financial health and profitability of a business by keeping track of revenues and costs, demonstrating the difference between economic profit and accounting profit. Economic profit considers both implicit and explicit costs, while accounting profit only considers explicit costs.

Moreover, it informs decisions for business growth. This is evident in growth accounting studies, commonly used in the U.S. economy, where factors contributing to economic expansion are analyzed over specific time horizons.

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Match the definition to the term.
1. human population growth
2. sustainability
3. quality of life indicators
answers

a - measures of an individual's,
community's, or larger population's well-
being
b - the exponential increase in the
number of human beings on Earth
c- the capacity for a system to provide
for its inhabitants during the present and
into the future

Answers

Answer:

1. A 2. C 3. B

Explanation:

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