A thrift institution ________ have Federal Deposit Insurance Corporation insurance and, in general, ________ own or be owned by a commercial firm.
A. must; cannot
B. is not required to; cannot
C. must; can
D. is not required to; can
Answer: C
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The objective of the _______ management process is to enable organizations to be more efficient and improve the quality of decision making by providing access to reliable and secure data, information, and knowledge.
Fill in the blank(s) with the appropriate word(s).
Reliability refers to the degree to which data measures what it is intended to measure
Indicate whether the statement is true or false
Which of the following is FALSE about instant messaging (IM) in official corporate communication?
a. Many U.S. companies use IM for official communication. b. In some firms, IM is replacing email and voice mail. c. Some corporate leaders are concerned that the use of IM jeopardizes productivity and security. d. U.S. companies have rejected IM as an appropriate method of communicating policies and procedures.
Consider the following list of transactions: 1) Provide services to customers on account2) Purchase land by paying cash3) Purchase a fire insurance policy that will provide coverage for a two-year period4) Acquire cash by issuing common stock5) Recognize expense for amount of supplies that had been used during the period6) Receive payment from a customer for services that will be provided over the next six monthsRequired:a) In the table below, indicate the accounts that would be debited and credited for each of the transactions listed above. TransactionAccount to be debitedAccount to be credited1??2??3??4??5??6??b) Indicate how each transaction affects the financial statements using a "+" to signify an increase, "?" to signify a decrease, or "NA" to signify not
affected under each component in the horizontal financial statements model shown below. In the last column, use the letters "OA" for operating activities, "IA" for investing activities, and "FA" for financing activities, or "NA" if the statement of cash flows is not affected.
What will be an ideal response?