Match the financial institution with its definition.

1. Brokerage Firm

2. Credit Union

3. Bank

a. An organization chartered by either the state where it is headquartered or by the federal government.

b. A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.

c. A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.

Answers

Answer 1

Answer:

1. C

2. B

3. A

Explanation:

a. Bank: An organization chartered by either the state where it is headquartered or by the federal government.

A bank is said to be federally chartered when it is appropriately authorized and regulated by the federal government of a country with recourse to statutory laws but not the state government. Some examples of federally chartered banks are Wells Fargo Bank, Bank of England, Swiss National Bank, Citizen National Bank, Bank of Japan, PNC Bank, First National Bank, U.S. Bank, Reserve Bank of Australia, etc.

b. Credit Union: A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.

A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks.

Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.

c. Brokerage Firm: A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.


Related Questions

AI Motors, a manufacturer of self-driving delivery trucks, is working on developing its next-generation electric vehicles. It has decided on a strategy of focusing on a narrow buyer segment and outcompeting rivals by offering buyers customized autonomous, self-driving electric vehicles at a lower cost than rivals. What basic strategic approach has AI Motors decided upon

Answers

Answer: best cost strategy

Explanation:

The basic strategic approach that AI Motors decided upon is referred to as best cost strategy.

Best-cost strategy is used when companies offer their customers better value for money through the focus on making a difference to their product and also offering a low cost.

In this situation, Al Motors used the best cost strategy which helps in keeping its prices lower than others and also making its vehicle unique from others.

Select the correct answer from each drop-down menu.

Fill in the correct terms to complete the description of Mischa going through the home-buying process

Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.

A.real estate agent B.lender C.closeing company D.title company

a.eligible b.wait listed c.credit checked d.prequalified ​

Answers

Answer:

B. lender

d. prequalified ​

Explanation:

Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.

Generally, all financial assets or securities can be securitized i.e turned into a tradable item that can be used to generate money for a potential investor or the owner of the financial asset. For example, a mortgage backed security can be used as securitization.

In the home-buying process, sellers usually require the buyer to present a mortgage pre-qualification in order to have an estimate of their financial capacity to buy a house. This qualification or approval determines the amount of money a lender can lend to a home-buyer who wishes to buy a house.

Additionally, some of the requirements to obtain a pre-qualification letter from a lender includes employment status, good credit score, proof of income and assets, etc.

In this scenario, Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a lender to become prequalified for a mortgage. By doing so, Mischa will know how much she has to spend on a house.

Once a company has located several vendors, the next step in the purchasing process is to

A. prepare a purchase order

B. choose a specific product

C. complete a balance sheet

D. compare the vendors

Answers

Answer:

D

Explanation:

Once a company has located several vendors, the next step in the purchasing process is to compare the vendors.

Hence, the correct option is (d).

Once a company has located several vendors, the next step in the purchasing process is to compare the vendors. This involves evaluating and analyzing the vendors based on various factors such as price, quality, reliability, reputation, customer service, and any other relevant criteria.

By comparing the vendors, the company can assess which one best meets their requirements and aligns with their goals and objectives. This comparison helps in making an informed decision about which vendor to choose for the purchase.

Learn more about vendors here: brainly.com/question/32682457

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Division P of Launch Corporation has the capacity for making 78,500 wheel sets per year and regularly sells 63,500 each year on the outside market. The regular sales price is $135 per wheel set, and the variable production cost per unit is $93. Division Q of Launch Corporation currently buys 33,500 wheel sets (of the kind made by Division P) yearly from an outside supplier at a price of $125 per wheel set. If Division Q were to buy the 33,500 wheel sets it needs annually from Division P at $115 per wheel set, the change in annual net operating income for the company as a whole, compared to what it is currently, would be:

Answers

Answer:

$295,000

Explanation:

Calculation to determine what the change in annual net operating income for the company as a whole, compared to what it is currently, would be:

Price paid by Division Q for 33,500 wheel sets: $4,187,500

(33,500*$125 per)

Less: Cost for Division P to produce 33,500 wheel sets × $93 per wheel set ($3,115,500)

Less: Lost profit for Division P to cut back sales to the outside ($777,000)

[($135 per wheel set − $93 per wheel set) × ( 78,500 wheel-63,500-33,500=18,500wheel sets):

Change in net annual operating income for the company as a whole $295,000

($4,187,500-$3,115,500-$777,000)

Therefore the change in annual net operating income for the company as a whole, compared to what it is currently, would be:$295,000

Suppose the average income of students as $100 per day with a standard deviation of $10 now a student is selected at random and the main income is $100 what is the value

Answers

Answer:

The answer is below

Explanation:

Suppose the average income of students is $100 per day with a standard deviation of $10 now a student selected at random and the main income is $100 what percentage of student incomes is below $100

Solution:

The z score is a score used in statistics to determine by how many standard deviations the raw score is above or below the mean score. If the raw score is above the mean score then the z score is positive while if the raw score is below the mean score the z score is negative.

The z score is given by:

[tex]z=\frac{x-\mu}{\sigma} \\\\for\ a\ sample\ size(n)\ \\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }[/tex]

Where μ is the mean, σ is the standard deviation and x the raw score.

Given that μ = 100, σ = 10. Hence:

For x < 100:

[tex]z=\frac{x-\mu}{\sigma} =\frac{100-100}{10} =0\\\\[/tex]

From the normal distribution table, P(x < 100) = P(z < 0) = 0.5 = 50%

A document that tracks a company's income and expenses is referred to as

A. an income sheet

B. a balance sheet

C. a purchase order

D. a budget

Answers

Answer:

A

Explanation:

Answer:

An income sheet.

Explanation:

dose anyone know the answer to this question?

Answers

It’s maybe C because C makes more sense then the other ones

BYEEE

Trade policies Group of answer choices alter the trade balance because they alter imports of the country that implemented them. alter the trade balance because they alter net capital outflow of the country that implemented them. do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them. do not alter the trade balance because they cannot alter the real exchange rate of the currency of the country that implements them.

Answers

Answer:

do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

Explanation:

Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.

Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

describe the actual business cycle​

Answers

Answer:

A business cycle includes the following:

1. Recession

2. Trough

3. Recovery

4. Expansion

Explanation:

A business cycle includes the following:

1. Recession

2. Trough

3. Recovery

4. Expansion

The characteristics of the expansion areas follows:

1. Economic Growth

2. Upward pressure on prices

A business cycle affects various sectors of a firm and an economy.

A business cycle refers to a tool that can be utilized to analyze the economy to make various financial decisions.

In your own words, explain what a bond is and how you would make money from it.

Answers

There are two ways to make money by investing in bonds. The first is to hold those bonds until their maturity date and collect interest payments on them. Bond interest is usually paid twice a year. The second way to profit from bonds is to sell them at a price that's higher than what you pay initially.
A bond is a contract between 2 companies. They borrow large amount of money and have to pay the person back.

Nonprofit organizations face __________ regulations when compared to the requirements of for-profit businesses.
A.
less
B.
more
C.
similar
D.
flexible


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

b more

Explanation:

because non profits receive better benefits from the government so they have to follow stricter regulations

Answer:

B: more

Explanation:

got it right on edg 2021

A debit in the T-Account for 'Cash' may be balanced by a credit in which of the following?
A. Equipment
B. Inventory
C. Accounts Payable
D. All of the Above

Answers

Answer:

B

Explanation:

THESE ANSWQERS I AM ASKING RE ALL CORRECT., THESE ARE FOR YOU

The steps in an indirect message include which of these? *
4/4
The buffer

The apology
The Rationale

A good will attempt

The bad news


In an indirect message, the actual bad news should be given in which paragraph? *
1/1
First
Second

Third
Fourth

Make sure your entire message is as negative as possible so you don't give the person receiving the message mixed signals. *
1/1
True
False


When providing reasons for the bad news, which of the following are things you need to consider? *
2/2
What date will you deliver the bad news?
Who is the message intended for?

How severe is the message?

Will giving the bad news cause problems for you?

When giving an explanation for the bad news, which of these are things should you NOT do? *
1/1
Explain company policy
Be as vague as possible

Give the complete explanation before the bad news, don't split it.
Be clear and logical

Severe or life-changing bad news should be given face-to-face. *
1/1
True

False

Which of the following is the best wording to use in a bad news message? *
1/1
We regret that the beds have failed and will be discontinued and recalled but we will not be taking the beds back or replacing the beds.
The beds have been discontinued and recalled but there will be no returns accepted or replacements offered.

Unfortunately, the beds will be discontinued and recalled with no refunds, returns or replacements offered.
The beds have been discontinued and recalled and we are unable to offer refunds, returns or replacements.

Offering a coupon or some other alternative might help cushion bad news for customers and keep good will for the company. *
1/1
True

False

Repeat the bad news in your closing to be sure the message was received. *
1/1
True
False


In giving the bad news, make sure you mention all the impacts to the company. *
1/1
True
False


If there are benefits to the reader/receiver of the bad news message, mestion them but do NOT make any up. *
1/1
True

False

Answers

Answer:

number 1  

The buffer The Rationale, A good will attempt, and the bad news.

Number 2= Second

Number 3= False

Number 4= Who is the message intended for and How severe is the message

Number 5= Be as vague as possible

Number 6= True

Number 7= The Beds have been discounted and recalled but there will be no returns accepted or replacements OFFERED

Number 8= True

Number 9= False

Number 10= False

Number 11=True

Explanation:

Compare these two sections of resumes. Which is more appropriate? a. - Completed nine-hour training course • Ran simulation software, • Used test probe to test over one hundred parts - Started a test plan document. b. Completed nine-hour training course • Ran simulation software • Used test probe to test over one hundred parts • Started a test plan document JURG Fil, Ir. Ob a​

Answers

Answer:

the second one

Explanation:

Quotes to say your paper airplane is the best?

Answers

Answer:

my paper airplane is the best .

Explanation:

The Aerodynamic lift of my airplane gives it the power to move through the air smoothly.

Respond with Social media accounts

Answers

Ask the question more specifically, and I will edit this answer and give you the answer.

BET SAY LESS nrg_samfortnite or

XxSheLuvMeXx

rjalvarez_ follow the ig

List and explain 10 Personal Finance Strategies.

Answers

Answer:

Explanation:Devise a budget. A budget is essential to living within your means and saving enough to meet your long-term goals. ...

Create an emergency fund. ...

Limit debt. ...

Use credit cards wisely. ...

Monitor your credit score. ...

Consider your family. ...

Pay off student loans. ...

Plan (and save) for retirement.

The mean annual wage of copywriters exceeds that of editors.

True
False

Answers

Answer:

True

Explanation:

Which theory states that a country should export those products that it
produces most efficiently and import from other countries products that it
cannot produce efficiently?

A.comparative advantage
B.domestic trade
C.free economic exchange
D.absolute advantage

Answers

Answer:

A: Comparative advantage

Explanation:

The reason the answer is Comparative advantage is because if you were to look up the defination of said word you would get the ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity.

smilebassett :

A.comparative advantage

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Every year, the boss at a local company hosts an event at which individual employees are publicly recognized for outstanding work. This way of motivating workers is known as which of the following? A a nonmonetary incentive B an annual bonus C a marginal benefit D an opportunity cost

Answers

Answer:

A. a nonmonetary incentive

Explanation:

Non-monetary incentives are ways other than monetary or cash gifts of compensating employees for performing excellently within the organization. Giving of public awards, a sit-out with a boss, or letters of commendation are examples of non-monetary incentives that can be given to employees.

Employees tend to remember these rewards for a longer time because it boosts their confidence and mental disposition. It is important to provide these incentives as it motivates employees to work harder at their jobs.

Describe how having a financial plan will help you earn and save money while moving forward with academic and career goals.

Answers

Answer:

having a financial plan means finding a job and preparing to use half of your income or money earned from that job and save the other half , doing this every time you are a looking to get paid will increase your savings and then you would be able to use that savings for furthering your education so you can get access to study jobs that will help you to understand the career you wish to pursue

[ANSWERED] Complete the sentence about a presentation delivery method.

A(n) ____ allows you to transmit your presentations over the Internet using ____.


A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.

lmk if this works

Answers

Answer:

Explanation:

A Presentation software allows you to transmit your presentation over the internet using CDs

Answer:

A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.

Explanation:

what is meant by net operating surplus​

Answers

Answer: See explanation

Explanation:

Net operating surplus is the balance that shows how income is allocated between production factors and the government sector. It measures the yield from the factors of production like the land, the capital and labour in the income account.

It is also referred to as the difference between the gross operating surplus and the capital consumption which is fixed.

Which investment security has the least risk associated?

A) Mutual Funds
B) Stocks
C) Bonds

Answers

Answer:

I think it's Mutual Funds?

do you still have to pay the PS plus even though you have Auto-renew off?

Answers

Answer:

if u want to

Explanation:

Nooooooooooooooooooooo

what are the factor that you need to answer your and selective attention invertors?.elaborate your answer...

links are not allowed​

Answers

yes oh okay this works great for math and debate on homework assignments last week

Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone must have a gidgit, the "must-have" gadget! Gidgits Galore has opened up stores in ten new states, hired hundreds of new employees, built two additional factories, and started an advertising campaign that has caught the US by storm! Its expansion has been featured in news magazines across the country. But Gidgits Galore has encountered a few problems and needs some advice.

Gidgits Galore is concerned about hiring employees from other countries whose language skills may not be proficient and is considering hiring only native English speakers. Is this a good idea?
Yes
No

Answers

Answer:

No

Explanation:

Edge 2021

Speaking English opens opportunities in both your professional and personal life. No, employing only native speakers is not a good idea.

How does English improve one's chances of getting a job?

Speaking English opens up a plethora of new opportunities in both your professional and personal life. Employers will see that you've learned a foreign language, such as English, and that you're dedicated and have a work/study ethic. It also demonstrates that you are a dedicated and hardworking individual.

Gidgits Galore is concerned about hiring employees from other countries whose language skills may be inadequate and is considering only hiring native English speakers., it is not a good idea.

Therefore, the above explanation aptly explains the scenario.

Learn more about the importance of English for getting a job here:

https://brainly.com/question/15070883

A manager who is reactive and works hard to address problems after they occur is known as a . (a) problem seeker (b) problem avoider (c) problem solver (d) problem manager

Answers

Answer:

(c) problem solver

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.

This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.

How will $9.82 in change be given from a $20.00 bill?

$10 bill__
$5 bill__
$1 bill__
Quarter__
Dime__
Nickel__
Penny__

answer choices for the blanks are 0, 1, 2, 3, 4

Answers

I believe the answer is;
1 $10 bill
1 Dime
1 Nickel
3 Pennies

Answer:

1 $10 bill

1 Dime

1 Nickel

3 Pennies.

Explanation:

All of the following statements regarding vertical analysis are true except a.in a vertical analysis of a balance sheet, each asset item is stated as a percent of total assets b.in a vertical analysis of an income statement, each item is stated as a percent of total expenses c.vertical analysis may be prepared for several periods to analyze changes in relationships over time d.major differences between a company’s vertical analysis and industry averages should be investigated

Answers

Answer:

Option b. is correct

Explanation:

Vertical analysis is a technique used to analyze the financial statements in which each item is listed as a percentage of the base figure.

All of the following statements regarding vertical analysis are true except in a vertical analysis of an income statement, each item is stated as a percent of total expenses.

So,

Option b. is correct

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