Which of the following is the best type of record-keeping system to use in maintaining financial records?

A) Manual method with pencil and notebook
B) Computer software
C) Apps
D) All of the above


Answer: D

Business

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The surety joins with the person who is primarily liable in promising to make the payment or to perform the duty.

Answer the following statement true (T) or false (F)

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Kimberly has opened an account in Northwater City Bank. She receives a 3.5 percent interest rate on the money she deposits in her account. She does not use the funds from the account to meet her minor expenditures but only uses them when there is any major expenditure. In the context of this scenario, which of the following kinds of bank accounts does Kimberly hold?

A. A concentration account B. A basic checking account C. A fixed deposit account D. A savings account

Business

Cumulative zoning permits higher uses in lower areas - i.e., single family homes are permitted in townhouse areas

Indicate whether the statement is true or false

Business

The shares of mutual funds tend to sell for a discount from their net asset value.

Answer the following statement true (T) or false (F)

Business