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Questions in business

📝 Answered - If a central bank conducts an open market purchase in an economy with limited reserves, what would be the effect? A. The effect on the money supply is greater than the effect on the monetary base B. The effect on the money supply is lesser than the effect on the monetary base C. The money multiplier impacts the monetary base D. The money multiplier has no impact on the monetary base E. Both A and C

📝 Answered - Robert has an unfavorable medical condition that existed before applying for disability insurance. How can Robert obtain disability coverage despite his pre-existing medical condition? A. He can apply for coverage without disclosing his condition. B. He can include a waiver rider signed by him to exclude losses related to his condition. C. He cannot obtain coverage due to his medical condition. D. He must pay higher premiums without any exclusions.

📝 Answered - Which checking account would be best for Terrell? | | A | B | C | D | |---|---|---|---|---| | Minimum Balance | $500 | $250 | $300 | $100 | | Interest | 0.2% | 0% | 0.02% | 0% | | Overdraft Fees | $0 if linked with savings account or $40 per overdraft | $35 per overdraft | $25 per overdraft | $25 per overdraft | | ATM Usage/Fees | $0 for all ATMs | $0 for ABC bank ATMs $3 for nonABC bank ATMs | $4 per transaction | $3 per transaction | | Monthly Fee | $10 or $0 with direct deposit | $0 | $0 | $0 | | Annual Fee | $0 | $10 | $0 | $0 |

📝 Answered - The difference in status can cause communication breakdown. Options: 1. Intrapersonal 2. Organizational

📝 Answered - Which of the following is NOT a focus of AML/CFT measures? A. Combating terrorism financing B. Preventing money laundering C. Safeguarding the financial system's integrity D. Enhancing personal credit scores

📝 Answered - An electric device delivers a current of [tex]$15.0 A$[/tex] for 30 seconds. How many electrons flow through it?

📝 Answered - From the following information calculate any two of the following ratios: (i) Net Profit Ratio (ii) Debt Equity Ratio (iii) Quick Ratio. Information: Paid up Capital ₹20,00,000 Capital Reserve ₹2,00,000 9% Debentures ₹8,00,000 Revenue from Operations ₹14,00,000 Gross Profit ₹8,00,000 Indirect Expenses ₹2,00,000 Current Assets ₹4,00,000 Current Liabilities ₹3,00,000 Opening Inventory ₹50,000 Closing Inventory 20% more than opening Inventory.

📝 Answered - You have three potential solutions: 1. An abandoned and rundown warehouse, located 3 blocks away, offers 1000m² of space at a rate of R15 per m² per month for a year. The estimated cost of renovating this warehouse is R239,000.00. 2. A fully equipped bonded storage facility of 1200m² is available at R25 per m², also for a year. Transport costs will be R530 per load of 10 pallets. 3. Another warehouse, situated 2 blocks away, has an immediately available space of 400m². Setting it up as a bonded store will cost R127,000.00 and take three days. Currently, 350m² of space is occupied by freight in bond at your existing premises. Moving this stock will take one day and cost R27,750.00. Both Options 1 and 2 require four weeks (28 days) before any stock can be stored, with a demurrage charge of R19.24 per pallet per day. Task 1: Working in groups of six (6), your task is to carefully evaluate these options and justify your decision in a report to management.

📝 Answered - From the following particulars, construct a sales ledger adjustment account as it will appear in the nominal ledger of a business: Balances on 30.6.22 (Dr.): 65,290 Balances on 30.6.22 (Cr.): 250 Sales as per sales day book: 120,500 Sales as per cash book: 10,000 Purchases as per purchase day book: 75,300 Purchases as per cash book: 5,000 Cash received from debtors as per cash book: 89,730 Bills receivable as per bill book: 20,500 Bills receivable dishonoured as per bill book: 3,500 Bills receivable discounted as per bill book: 7,800 Returns as per returns inward day book: 5,700 Discounts allowed as per cash book: 4,200 Trade discount allowed: 300 Credit balance on 31.12.22: 340

📝 Answered - Describe the ideal qualities of time management goals.