Homework Answers
Disbursement float occur when a person or company write a check, when the check is deposited it always takes few days to clear.
Disbursement float created every times you;
a. Mail a cheque to pay your rent
Add Answer to:
Disbursement float is created every time you Select one a Mail a cheque to pay your...
Disbursement float is created every time you: Select one: a. Mail a cheque to pay your...
Disbursement float is created every time you: Select one: a. Mail a cheque to pay your rent. b. Transfer funds via the internet from your chequing account to your savings account. c. Deposit cash into your chequing account. d. Receive a paycheque and deposit it in your chequing accoun
Disbursement float is created every time you: Select one: a. Transfer funds via the internet from...
Disbursement float is created every time you: Select one: a. Transfer funds via the internet from your chequing account to your savings account. b. Mail a cheque to pay your rent. c. Deposit cash into your chequing account d. Receive a paycheque and deposit it in your chequing account.
7. Money market securities have which of the following characteristics? I. long maturities II. low default risk III. high degree of liquidity IV. low rates of return a) I and III only b) II and I...
7. Money market securities have which of the following characteristics? I. long maturities II. low default risk III. high degree of liquidity IV. low rates of return a) I and III only b) II and IIl only c II, III, and IV only d) I, II, III, and IV 8. A lockbox system: a) entails the use of a bank which is centrally located to collect payments on a nationwide basis. b) is designed to deposit a customer's check into...
When preparing a bank deposit which of the following is a best practice? Select one: a....
When preparing a bank deposit which of the following is a best practice? Select one: a. Group all customer payments with the same payment method together in one deposit b. Group customer payments with the payment method of checks and credit card payments in one deposit and group all the cash payment methods in a separate deposit c. Deposit all customer payments one at a time using the Bank Deposit form d. Leave payments in the undeposited funds account To...
need help for solve multiple choice question... 1.The employee summary report option shows Select one: a....
need help for solve multiple choice question... 1.The employee summary report option shows Select one: a. earnings and deductions from a paycheque b. all information entered in employee records c. wage or salary amounts d. all year-to-date totals 2.In the process of correcting a wrong employee error all but one is used – Select one: a. prepare a new entry for the correct employee b. one should remember to recalculate the taxes c. open the adjust cheque window for the...
1.An investment will pay you $500 every year starting 1 year from today and goes on...
1.An investment will pay you $500 every year starting 1 year from today and goes on forever. If the interest rate is 5% p.a., what is the maximum price that you would pay for this investment? 2.You are given $200 each year starting next year and finishing in 15 years (t=15). If the interest rate is 6% p.a., what is the maximum price that you would pay for these cash flows? 3.You borrow $100,000 today, the annual interest rate is...
Suppose that your weekly cash expenses are $60. Every time you withdraw money from the automated...
Suppose that your weekly cash expenses are $60. Every time you withdraw money from the automated teller at your bank, you are charged $0.25. Your bank account pays interest of 2% annually. a. How often should you withdraw funds from the bank? (Round your answer to 2 decimal places.) You should go to the bank about once every b. What is the optimal-sized withdrawal? (Round your answer to the nearest whole dollar.) Optimal-sized withdrawal c. What is your...
22. Which one of the following is TRUE? Only you (not your employer) pay your Social...
22. Which one of the following is TRUE? Only you (not your employer) pay your Social Security tax. b. Both your earned and uneared income is taxed for Social Security c. There is a cap on the amount of your earned income that is taxed for Medicare. There is a cap on the amount of your earned income that is taxed for Social Security. e. None of the above are TRUE. 23. Which one of the following is TRUE about...
18.You will have an unresolved reconciliation amount- Select one: a. when an account is not balanced...
18.You will have an unresolved reconciliation amount- Select one: a. when an account is not balanced b. when you have not entered bank charges for the month c. when a ledger is not balanced d. when the total debits and credits are not equal 19.You would use deposit reference no. when a single bank statement entry – Select one: a. shows that more than one signature is needed to authorize bank transactions b. shows that several cheques were deposited at...
What is an annuity? Select one: a. present worth of a series of equal payments. b....
What is an annuity? Select one: a. present worth of a series of equal payments. b. a single payment. c. a series of payments that changes by a constant amount from one period to the next. d. a series of equal payments over a sequence of equal periods. e. a series of payments that changes by the same proportion from one period to the next. Question 2 The present worth factor Select one: a. gives the future value equivalent to...
Disbursement float is created every time you: Select one: a. Transfer funds via the internet from your chequing account to your savings account. b. Mail a cheque to pay your rent. c. Deposit cash into your chequing account d. Receive a paycheque and deposit it in your chequing account.
7. Money market securities have which of the following characteristics? I. long maturities II. low default risk III. high degree of liquidity IV. low rates of return a) I and III only b) II and IIl only c II, III, and IV only d) I, II, III, and IV 8. A lockbox system: a) entails the use of a bank which is centrally located to collect payments on a nationwide basis. b) is designed to deposit a customer's check into...
22. Which one of the following is TRUE? Only you (not your employer) pay your Social Security tax. b. Both your earned and uneared income is taxed for Social Security c. There is a cap on the amount of your earned income that is taxed for Medicare. There is a cap on the amount of your earned income that is taxed for Social Security. e. None of the above are TRUE. 23. Which one of the following is TRUE about...
Most questions answered within 3 hours.
-
Which of the following best describes tidal volume? options:
1.The amount of oxygen in the air...
asked 11 minutes ago -
1. Smaller cost distortions occur when the traditional systems'
single indirect-cost rate and the activity-cost-driver rates:...
asked 19 minutes ago -
Using either a FMECA approach or some other appropriate RCA
tool, identify five risk treatment actions...
asked 19 minutes ago -
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 31 minutes ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 37 minutes ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 51 minutes ago -
QUESTION 1 Tamiflu is a drug used to treat influenza. A study
found that Tamiflu reduced...
asked 55 minutes ago -
Which of the following would be less likely to be used to
allocate factory overhead when...
asked 1 hour ago -
Transverse pulses travel with a speed of 195 m/s along a taut
copper wire whose diameter...
asked 59 minutes ago -
Sampling for Engineers Homework question 11.51
Suppose that Y1;Y2;Y3;Y4 denote a random sample from a
Poisson(θ)...
asked 1 hour ago -
Which of the following is cleaved by regulated intramembrane
proteolysis (RIP)? Select any/all answers that apply....
asked 1 hour ago -
Random characters You decide to create a program characters.py
that fills a two-dimensional list with random...
asked 1 hour ago