You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Question 3 a. In choosing a supplier of raw materials for operations, there are a number of factors that need to be considered. Mention any three (3) of such factors.
When choosing a supplier of raw materials for operations, it's important to consider a variety of factors to ensure that you're making the best decision for your business. The factors are Quality, Price, Delivery time and reliability.
Below are three of such factors to consider:
1. Quality: The quality of the raw materials is a vital factor that you should consider when selecting a supplier. The quality of the raw materials will influence the quality of the finished goods produced. As a result, you'll need to ensure that the supplier you choose provides consistent, high-quality raw materials that meet your specifications.2. Price: Cost is an important factor to consider when selecting a supplier. You should ensure that the supplier is providing you with high-quality raw materials at a reasonable cost. It's also important to note that the cheapest supplier may not always be the best option, as quality may be compromised.3. Delivery time and reliability: It's critical to consider the delivery time and reliability of the supplier. The supplier should be able to deliver the raw materials on time and as agreed upon. Delayed deliveries can disrupt your operations, and if they occur frequently, they can damage your business reputation. Reliability is also important to ensure consistent supply and avoid running out of raw materials.For more such questions on supplier
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Companies report people to credit agencies if they iffail to pay their bills on time.
• borrow too much money.
•
fail to use
different types of credit.
O use large amounts
of credit at once.
Companies report people to credit agencies if they fail to pay their bills on time. Option A
What is Credit agency?Credit agency are companies that gathers information about creditors.
They help in given detail report of credit facilities that is available to an individual and can determine if an individual is Worthy of been borrowed money.
Therefore,
Companies report people to credit agencies if they fail to pay their bills on time
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What words go into what boxes ?
The aggregate supply/demand model illustrates the macroeconomic interactions between total supply and total demand as well as the factors that influence either total supply or total demand for the economy.
What results from the supply and demand model?A model that demonstrates how total supply and total demand interact at the macroeconomic level is the aggregate demand/aggregate supply model, which also explains how total supply and total demand are determined for the economy. In other words, the real GDP, aggregate supply is the total amount of output that businesses will generate and sell.
A supply and demand graph can be explained in what ways?The supply curve moves right as the amount of the good that is available grows. The supply curve shifts left if the quantity falls. A line with a downward and rightward-pointing slope, representing the demand curve, is shown on a graph. The demand curve shifts to the right and slopes downward as the quantity demanded rises.
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If brainly say you will never run out of answers
well I just did and I have to finish a test. Brainly is the worst site.
Answer:
you have to ask a question if you don't see what you need
Explanation:
How did the cost of the basket of goods Daniel bought from the farmer's market change from the first week to the second week
The cost of the basket Daniel bought at the farmers market increased.
How to know if the cost of the basket increased or decreased?To find out if the cost of the basket that Daniel bought at the farmers market increased or decreased, we must compare the price of the previous week and the price of the current week.
Based on the above, we can infer that the price increased because the previous week the price was $12 and in the current week it is $15.
Note: This question is incomplete because there is some information missing. Here is the complete information:
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The cost of the basket of goods that Daniel bought from the farmer's market changed from the first week to the second week due to increased demand and reduced supply.
What are demand and supply?Demand and supply refer to the market forces that interact to determine the production and prices of goods and services in an economy.
Without the interaction of demand and supply, the number of units to be produced will be difficult to determine. Moreover, the determination of prices in a free market economy will be based on governmental regulations.
Thus, the cost of the basket of goods that Daniel bought from the farmer's market changed from the first week to the second week due to increased demand and reduced supply.
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In your own words define the political structure as presented by Bolman and Deal
and give an example of a political issue you found in the Wall Street Journal, cite
your example.
Answer:
According to Bolman and Deal, the organizational structure can be defined as the idea of the convergence of four aspects of institutional, human resources, political and symbolic aspects that function together.
Explanation:
Discuss the relationship between competition and consumer expectations.
Answer:
The relationship between competition and consumer expectations is by what the compitition is creating in terms of product and functionability. And the consumer expectation is what will help the by buying into this product.
Explanation:
Directions: Combine the fragments with the independent clause.
1. When Ann fell off the horse. Her entire body ached for many days.
2. It was the best movie I have seen in a long time. Since I last watched The Incredibles.
3. Until Paul gets his second dose of the vaccine. He will not eat in a restaurant.
4. Mark listens to many podcasts each night. When he can't fall asleep.
5. The popular franchise opened its doors yesterday. In our small town.
6. Walking down the sidewalk. Tom tripped over a skateboard.
7. Lilly slept soundly in the window. While I worked diligently on my homework.
8. As John types on the computer. A strange sound is heard from the keyboard.
9. Jessica lives in a small community. In a quiet lovely town.
10. Buying groceries online is difficult. When you don't pay attention to the size.
The union of at least one subject and one predicate is known as an independent clause. It conveys a full thought. For instance: The waves slammed into the sand.
What do you meant by independent clause ?Ann's entire body ached for days after she fell off the horse.Since I last viewed The Incredibles, it was the best movie I have seen in a very long time.Paul won't eat in a restaurant until he has his second dosage of the vaccination.When Mark has trouble sleeping, he listens to a lot of podcasts.Yesterday in our tiny town, the well-known chain opened its doors.Tom fell over a skateboard while jogging along the pavement.Then, as I diligently completed my homework, Lilly napped peacefully in the window.The keyboard then makes a peculiar sound when John types on the computer.Jessica resides in a little community in a peaceful, charming town.When you don't consider the size, purchasing groceries online can be challenging.To learn more about independent clause refer to :
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The interest earned on policy dividends is
As some of the life insurance policies are used for paying dividends to the policyholders.
If the dividends are invested with the insurance company, the interest earned on this investment will be considered taxable income. Thus the interest earned on policy dividends is taxable.Learn more about the earned on policy dividends is.
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Lyric has been asked to create an online career portfolio for her business class, but she doesn't know where to begin. What is the BEST advice Lyric's teacher can give her to help her successfully complete her assignment?
А. The links to your personal social media accounts must be listed.
В. Your top priority should be a cover letter and sample resume.
C. Avoid posting any photos of yourself or your previous experiences.
D. Include a video to introduce yourself and your interests and skills.
Pick C Because It's C So Yeah P8c C
Answer:
the answer is D
Explanation:
this is because showing a video of yourself introducing you skills and interests can be a good thing when you go look for a job and the boss see this in your portfolio
brainstorming solicits the help of multiple people to formulate concepts and identify ways to bring them to market. true or false
Answer:
a.
Explanation:
hahshahaha joke lang
please help accounting 1 ASAP!
Please do provide more information, like account names, debits and credits. I don't see the full picture here.
An employee from another department will join your team next week. She requested the transfer because she felt her work was becoming predictable and monotonous. Her performance reports show she has made good contributions to programming projects but needs to improve her presentation skills.
It appears that next week, an employee from another department will be joining your team.
She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.
However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.
Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.
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What is productivity?
A. quantity of input per unit of output
B. quantity of output per unit of input
C. Quality of output per unit of input
D. quality of input per unit of output
When buying highly technical, few-of-a-kind products such as hydroelectric power plants, governments have found that general contractors are reluctant to specify a formal, fixed price for the procurement. Therefore, these contractors use __________ to compensate them for any cost overruns
O at-market pricing O experience curve pricing O cost-plus-fixed-fee pricing O standard markup pricing
When shopping for highly technical, few-of-a-kind merchandise such as hydroelectric power plants, governments have observed that accepted contractors are reluctant to specify a formal, fixed rate for the procurement. Therefore, these contractors use cost-plus-fixed-fee pricing to compensate them for any price overruns.
Which is an instance of cost-plus fixed charge pricing?A: As an example, a cost-plus contract might also establish that the complete estimated cost of a building challenge is $10 million plus a fixed fee of $1.5 million, roughly 15% of the total cost, as the contractor's profit. So the total fee to the client would be approximately $11.5 million —the fee plus the fee.
Why cost-plus pricing is the best?As long as whoever is calculating the costs per user or item is including everything up correctly, fee plus pricing ensures that the full price of creating the product or enjoyable the carrier is covered, permitting the mark-up to make certain a high-quality rate of return.
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11. Ashleigh has a pet boa constrictor named
Pauline. She keeps it in the most expensive,
escape-proof cage she can find. Regardless,
the boa escapes and kills the neighbor's famed
show cat which was valued at more than $5,000.
Will Ashleigh be liable?
at
ely
Will Ashleigh be liable
Answer:
yes
Explanation:
it was her boa constrictor so therefore she is held responsible
Assignment:
Write a bad-news message. Additionally, explain the steps in the inductive outline and explain how you used it in the bad-news message.
• Opens with a neutral idea that leads to refusal or bad news.
• Presents facts, analysis & reasons for refusal or bad news.
• States bad news using a positive tone & de-emphasis technique.
• Provides counterproposal or "silver lining" idea when possible or appropriate.
• States ideas in a closing that shift focus away from refusal or bad news & indicates continuing relationship with receiver.
Answer:
Dear Mr. Johnson,
Thank you for your interest in our company and for submitting your proposal for the new project. We appreciate the time and effort that you put into creating the proposal.
After careful consideration, we regret to inform you that we will not be able to move forward with your proposal at this time. Our team has reviewed the proposal thoroughly and we have determined that it does not align with our current business objectives.
We understand that this news may be disappointing, but please know that we value our relationship with you and appreciate the opportunity to review your proposal. We hope that you will continue to consider working with us in the future.
In the meantime, we would like to offer some feedback on your proposal. While it did not meet our current business objectives, we were impressed with your attention to detail and your innovative ideas. We encourage you to continue developing your proposals and we look forward to seeing more of your work in the future.
Thank you again for considering us for this project.
Best regards,
[Your Name]
Explanation of the inductive outline:
The inductive outline is a structured approach to delivering bad news in a way that is respectful and maintains a positive relationship with the recipient. The outline consists of five main steps:
Opens with a neutral idea that leads to refusal or bad news - In this bad-news message, the opening sentence thanks the recipient for their interest in the company and for submitting a proposal. This is a neutral statement that leads to the bad news that follows.
Presents facts, analysis & reasons for refusal or bad news - The second sentence presents the bad news that the proposal was not accepted. The following sentence explains that the company reviewed the proposal and determined that it does not align with their current business objectives.
States bad news using a positive tone & de-emphasis technique - The third sentence uses a positive tone and de-emphasis technique to soften the impact of the bad news. The sentence acknowledges that the news may be disappointing but emphasizes the value the company places on their relationship with the recipient.
Provides counterproposal or "silver lining" idea when possible or appropriate - In this message, a counterproposal is not provided but feedback is given on the proposal. This feedback highlights the positive aspects of the proposal and encourages the recipient to continue developing their ideas.
States ideas in a closing that shift focus away from refusal or bad news & indicates continuing relationship with receiver - The closing sentence thanks the recipient again and reinforces the company's interest in working with them in the future. This sentence shifts the focus away from the bad news and maintains a positive relationship with the recipient.
Required informationSkip to questionIntroductionRead the overview below and complete the activities that follow.
Remedies for Breach of Contract
In the case below, a municipality backs out of a contract to have a bridge built. The contractor has already begun production and incurred costs.
CONCEPT REVIEW:
The overall goal of damages in breach of contract suits is to put the parties where they should have been if the contract had been performed. But the solution simply ordering the parties to perform is rarely enough. Damages vary greatly based on the nature of the contract itself, as well as the extent to which performance is underway.
Remedies
Read the short case below, and select the best answer to each question that follows.
The Randolph Bridge Company (RBC) agrees to build a suspension bridge in the city of Detroit. Detroit plans to pay RBC $50 million. RBC's anticipated costs, including labor, materials and so on, are $40 million. Construction is anticipated to take six months. One month into the project, RBC has put $10 million into the project. Detroit tells RBC at this point that it no longer wants the bridge, and plans to breach the contract.
How much will RBC's damages be?
a) $50 million
b) $0
c) $20 million
d) $10 million
e) $40 million
Answer:
Please given an Explanation:
The damages that will be faced by the Randolph Bridge Company if Detroit plans to breach the contract will be close to around $10 million at the point of one month.
What is breach of contract?A breach of contract is a condition wherein a party to the contract violates the terms of agreement as per the documents signed during the contract. A breach of contract makes such person, who breaches, liable to be sued.
In the above case, it has been observed that the city of Detroit has made promises to pay for the project at the end of completion of the project of building the bridge; however, no payments have been made at the end of one month, where RBC Company has already deployed an amount of $10 million.
As the RBC Company has not received any of the payments and a breach of contract has been made by the Detroit city, the total damages for the company at such point will be $10 million, considering that no loans or advances were taken to repay the same.
Hence, option D; $10 million are the damages suffered and incurred upon by the RBC at the end of one month when Detroit has made a breach of contract agreements.
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The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of _____.
one that reallocates income
a source of public good
a supervisory body
an entrepreneurship
Answer:
the correct answer is "a supervisor body" have a great day. also can I get brainliest?
The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of a supervisory body. Option (c) is correct.
What is a supervisory body?Supervisory body a designated or authorized group charged with administering the organization's regular business operations, special projects, or other duties.
Government oversight, or control, takes the form of decisions made by the administration, the legislative, and even the court. Government oversight has an impact on a company through its facilities and oversight of an organization's management, accounting, and entrepreneurial operations.
The four roles of management, development, mediation, and support are all included in supervision.
Therefore, Option (c) is correct.
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July 1 purchased 6,300 of merchandise on credit from tahoe company invoice dated june 30, terms 2/10, n/30
Product Inventory -$6,300 debit
Invoices Payable -$6,300 credit
Which inventory do you refer to?All the materials, products, and other items that a company keeps on hand with both the goal of reselling these for a profit are collectively referred to as inventory. As an illustration, merely the item will indeed be considered inventory if a newspaper seller uses a van to distribute newspapers to clients.
What does inventory actually imply at work?Inventory consists of goods or resources that a business intends to resale to customers at a profit. Merchandise management, a key element of the supply chain, involves tracking inventory from manufacturers through storage and from these places to a point of sale.
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On January 1, 2020, Shay Company issues $700,000 of 10%, 15-year bonds. The bonds sell for $684,250. Six years later, on January 1, 2026, Shay retires these bonds by buying them on the open market for $731,500. All interest is accounted for and paid through December 31, 2025, the day before the purchase. The straight-line method is used to amortize any bond discount.
-What is the amount of the discount on the bonds at issuance?
-How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2020, through December 31, 2025?
-What is the carrying (book) value of the bonds as of the close of business on December 31, 2025?
-Prepare the journal entry to record the bond retirement.
1. The amount of the bond discount at issuance is $15,750.
2. $6,300 amortization discount has been recorded on the bonds from January 1, 2020, through December 31, 2025.
3. The carrying (book) value of the bonds as of the close of business on December 31, 2025, is $690,550.
4. The journal entry to record the bond retirement at a loss is as follows:
Journal Entry:Account Titles Debit Credit
December 31, 2025:
Bonds Payable $700,000
Retirement Loss $40,950
Cash $731,500
Bond Discounts $9,450
Bonds' issuance date = January 1, 2020
Face value of bonds = $700,000
Sales proceeds = $684,250
Bond discounts at issuance = $15,750 ($700,000 - $684,250)
Period of bonds = 15 years
Coupon rate = 10%
Bond's retirement on Jan. 1, 2026 = $731,500
Bond discount amortization method = straight-line
Annual bond amortization = $1,050 ($15,750/15)
Bond amortized after 6 years = $6,300 ($1,050 x 6)
Carrying value of bonds on December 31, 2025 = $690,550 ($700,000 - $9,450)
Carrying value of bond discounts = $9,450 ($15,750 - $6,300)
Transaction Analysis:Bonds Payable $700,000 Retirement Loss $40,950 Cash $731,500 Bond Discounts $9,450
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Dose scientific management theory ca cause dissatisfaction in the workers?
The factor that makes national saving equal investment, in equilibrium, is: A. public saving. B. private saving. C. fiscal policy. D. the interest rate.
Answer:
D. the interest rate.
Explanation:
National saving is defined as the portion of income that is not consumed by the individual or the government.
National savings = public savings + private savings
Usually at equilibrium national savings is assumed to be equal to to investment.
Saved cash is ideally put back into.the economy as investment.
Interest rate plays an important part in making national savings equal to investment.
At high interest rates investments are favoured resulting in equality between national savings and investment
Assume you have applied for two Scholarships, a merit scholarship And is athletic scholarship the probability that you receive an athletic scholarship is 0.8. The probability of receiving both scholarships is 0.11. The probability of getting at least one of the scholarships is 0.3
The probability of receiving a merit scholarship according to the scenario defined is 0.23
Probability of Athletic scholarship, P(M) =? Probability of Athletic Scholarship, P(A) = 0.18Probability of receiving both, P(MnA) = 0.11Probability of receiving atleast one P(AuM) = 0.3Recall :
P(AuM) = P(A) + P(M) - P(AnM)Substituting the values into the relation:
P(AuM) = P(A) + P(M) - P(AnM)
0.3 = 0.18 + P(M) - 0.11
0.3 - 0.18 + 0.11 = P(M)
P(M) = 0.23
Therefore, the probability of receiving a merit scholarship is 0.23
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Answer:After using the scholarship research tool, I found one scholarship that I think I would apply for. I want to pursue a degree in agriculture and land management, and I found the Western Society of Weed Science Outstanding Student Scholarship Program, which gives a total of $3,000 students pursuing an agriculture degree. The application deadline is October 1, which means that I would have to complete the application at the beginning of my senior year if I were to get the scholarship by the time I start college the following year.
To be eligible for this scholarship, a student must be:
an undergraduate or graduate student enrolled in a degree program from a university in the western region.
A current WSWS member at the time of application.
Right now, I don’t meet all of the requirements. Although I plan on being enrolled in an eligible program, and I plan to go to a school in the western region, I am not currently a member of the WSWS. I will need to learn more about this organization and become a member if I plan on pursuing this scholarship in the future.
Which of the following statement is TRUE?
(1 Point)
Developmental programs improve conceptual skills of managers for the future job.
Training programs improve conceptual skills of nonmanagers for the future job.
Developmental programs improve technical skills of nonmanagers for the current job.
Training programs improve technical skills of mangers for the current job.
'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.
The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.
Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.
The correct answer is option a.
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Some of the forklifts we use in the distribution centers will have to be replaced in the second quarter of the 2023 financial year, and we have to start thinking about it soon! We always purchased the forklifts outright from available cash resources or funded them by borrowing the required funding from the bank. We have recently learnt that many companies choose to lease their forklifts. These forklifts normally last a good ten years if we take good care of them. Prepare some relevant information that needs to be considered in a decision to lease or purchase?
Report on the following:
● Different options in the market
● Accounting treatment of the options
● Tax implications of the options
● Cost differentials and
● Cash flow implications
What would the correct decision be for the company.
Different options in the market:
The distribution center has two options when it comes to replacing its forklifts – leasing or purchasing. With leasing, the center would use the forklifts for a specified period, usually a few years, and then return them to the leasing company. On the other hand, purchasing the forklifts will give the center permanent ownership of the forklifts.
Accounting treatment of the options:
Leasing forklifts is treated as an operating expense that is reflected in the income statement. The lease payments are recorded as expenses over the life of the lease. However, purchased forklifts are treated as a fixed asset that is depreciated over their useful life. The depreciation expense is recognized over several accounting periods on the income statement.
Tax implications of the options:
Leasing forklifts can provide significant tax savings for the business as the lease payments are fully tax-deductible expenses in the financial year they are made. In contrast, depreciation and interest expense for purchased forklifts are deductible over several years, so tax deductions are delayed.
Cost differentials and cash flow implications:
Leasing forklifts would result in lower upfront costs and lower monthly payments compared to purchasing, but the total cost of leasing is typically higher over the long term. In contrast, purchasing requires a substantial upfront payment or a loan, but the total cost is lower over the long term. Cash flow implications of purchasing include funding the entire upfront cost of the forklifts and paying for any maintenance and repairs needed over the lifetime of the forklifts, while cash flow implications of leasing include lower upfront costs but higher monthly payments, which will reduce available cash flow in the short term.
What would the correct decision be for the company:
The company should decide based on its financial situation, long-term business planning, and cash flow requirements. If the company has a limited budget, a short-term need for the forklifts, or requires the latest models frequently, leasing may be a better option. But if the company values ownership, anticipates long-term use or higher utilization, and has the cash resources or access to financing, purchasing may be the more cost-effective option. The decision should consider the financial implications, tax considerations, and cash flow requirements of either option.
QUESTION 1 of 10: When discussing restaurant layout, a section is:
a) An area typically served by a particular server
b) A no parking zone
c) The final 2 hours before closing
d) None of the above
Answer:
A..
Explanation:
sorry if i got it wrong, mines was right..
The restaurant layout is the floral design of the entire restaurant on a paper for knowing the position of each items and things within the specified size, and area allotted for the restaurant.
A section in the restaurant layout is:
Option A. An area typically served by a particular server.
The restaurant is defined as an section of entire restaurant layout where the servants serve food to the customers in a typical taught manner. But few restaurants having different pattern can have different ways of servings.
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To give the person ample time to answer, allow the telephone to ring at least:
Question options:
two or three times.
four or five times.
five or six times.
one or two times.
Answer:
Allow the phone to ring "five to six times"
Which statements apply to a certificate of deposit (CD)? Choose two answers.
It is always purchased as a short-term investment.
It can be purchased from a banking institution.
It is always purchased as a long-term investment.
It can be purchased for almost any amount.
It is purchased through an individual's employer.
The statements that apply to a certificate of deposit include;
It can be purchased from a banking institution.It can be purchased for almost any amount.What is a certificate of deposit?A certificate of deposit is a low-risk investment where the owner fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued.
Banks and credit unions are main financial institutions known for issuing certificates of deposits.
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Answer:
B,D
Explanation: