What is another name for an interest-bearing checking account?

A) DIFI
B) IBC
C) NOW
D) CWI


Answer: C

Business

You might also like to view...

Through ________ competition, competitors offer different products, attempting to satisfy the same consumers' needs and wants

A) discretionary income B) product C) brand D) monopolistic E) oligopolistic

Business

Richard Bell, an organized crime boss and casino owner, has made a lot of money with his illegal drug operations and illegal gambling. In order to make it look like he earned the drug money legitimately, Richard has hired crooks to take the illegal money and spend it in Richard's casinos in discreet amounts. The crooks are supposed to lose the money on purpose so that the casino can claim this as winnings. If he were caught, under which federal law would Richard be tried for his mob activities?

A. Counterfeit Access Device and Computer Fraud and Abuse Act B. Identity Theft and Assumption Deterrence Act C. Racketeer Influenced and Corrupt Organizations Act D. Information Infrastructure Protection Act

Business

Assume a partnership made up of Partner A and Partner B. Partner C is going to join the partnership by purchasing a one-quarter interest from Partner A for $10,000 and a one-third interest from Partner B for $8,000 . At the time, Partner A has a capital interest of $40,000 and Partner B has a capital interest of $30,000 . The following journal entry should be made:

a. Partner A, Capital DR$10,000; Partner B, Capital DR$8,000; Partner C, Capital CR$18,000. b. Partner A, Capital DR$10,000; Partner B, Capital DR$10,000; Partner C, Capital CR$18,000; Cash CR$ 2,000. c. Partner A, Capital DR$10,000; Partner B, Capital DR$10,000; Partner C, Capital CR$20,000. d. Partner A, Capital DR$8,000; Partner B, Capital DR$12,000; Partner C, Capital CR$20,000. e. Partner A, Capital DR$3,000; Partner B, Capital DR$15,000; Partner C, Capital CR$18,000.

Business

Strategic _______ are decisions made by the top management team with respect to important factor conditions such as markets and technology.

a. Avenues b. Choices c. Possibilities d. Imperatives

Business