Which are the roles of a bank? Check all that apply.

Answers

Answer 1

Answer: Since you did not give a list of choices, here are some of the major functions of a bank. These functions include the following:

1. - accepts deposits
- advances loans
- receivesof valuables for safe custody
- acts as referee
- issues letter of credit in foreign trade
- acts as underwriters
- acts as information banks
- merchant banking service provider
- deals in foreign exchange
- issues gift cheques
- issuers of travelers cheque and credit cards
- bullion trader
- sale and purchase of stock exchange securities
- acst as clearing house
- administration of wills and trusteeship

I hope this helps!

Related Questions

One requirement of the business records exception to the hearsay rule is that the?a. business must be a medical office b. records must be accurate c. declarant must be deceased d. records must be less than one year old
Intruments of protection policy are?
When there is a net increase in the physical quantity of inventory during a period, the use of ________ results in an additional layer of inventory.a. FIFOb. LIFOc. average cost
"In the context of the informational subroles identified by Professor Henry Mintzberg, managers in the _____ share the information they have collected with their subordinates and others in the company. A.monitor role B.figurehead role C.spokesperson role D. disseminator role"
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to care for our "common home," pope francis , s.j., observes that, "climate change is a global problem with grave implications: environmental, social, economic, political, and for the distribution of goods." prompt 1 question: much has been written about the environmental implications of climate change, but less about the distribution of goods or the social, economic, and political implications. which one of these less studied aspects of climate change seems to you most worrisome for our "common home," and why?

Which of the following curves resembles supply curve under perfect competition in the short run? options average cost curve above break even point marginal cost curve above shut down point marginal utility curve average utility curve

Answers

In the short run firms cannot exit the market. With a perfectly competitive market, each firm has to take the price as given and can sell as much as it wants at the given price, i.e. MR=P. Each firm maximizes profits by producing the quantity where its marginal revenue equals its marginal cost, i.e. MR=MC=P. Therefore the marginal cost curve is the short run supply curve of the firm.

A cost, which does not involve cash outlay, is called: a. Historical cost
b. Imputed cost and
c. Out of pocket cost

Answers

The answer would be : B. Imputed Cost

Imputed cost are the cost that could not be identified directly. example of imputed cost is an opportunity cost that may arise if you choose an investment

Meanwhile , outlay costs are the one that can be identified in the past , present, or future, which mean imputed cost does not included in the outlay cost

Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. If inflation increases to 5%, it is likely that the nominal rate will _____.

Answers

so if each nominal is 5 and the inflation 1 so if you have 5 inflation you will have 25 nominal

The coerrect answer is B. The interest will decrease, this is because to attain actual interest you subtract the inflation rate from the nominal interest, therefore because the inflation rate increased, the actual interest decreased.

Which expense might you pay when you rent? A. property taxes B. utilities C. maintenance D. PMI

Answers

Utilities. Since you don't own the property, you are not responsible for paying property taxes. Your landlord should be responsible for any maintenance. PMI is insurance paid on a mortgage - which you wouldn't have as a renter.

Answer:

the answers to this assignment are 1. utilities 2. private Mortgage Insurance 3. 86

Explanation:

did assignment on gradpoint

The SAT and ACT are examples of exams taken by those who want to enter _____ degree programs.undergraduate

post-secondary

graduate

secondary

Answers

Answer: Undergraduate.

Explanation:

Its undergraduate. After using Above help, i got it wrong then did more looking up and found that its undergraduate.

Answer:

the answer is A

Explanation:

Costs incurred regardless of the number of units of a product that are produced or sold are called:a. controllable costs.
b. variable costs.
c. fixed costs.
d. mixed costs.

Answers

C. Fixed Costs. Fixed costs are incurred regardless of the number of units of a product are produced or sold on a given period. Fixed costs are expenses incurred and remain unchanged within a relevant period. These costs are fixed in relation to the quantity of production for a certain period.

c. fixed costs.

Fixed costs are business expenses that don't depend upon the extent of products or services produced by the business. These expenses are time-related, like salaries or rental expenses that are paid monthly, and are often spoken as additional expenses.

Further explanation

In economics, fixed costs are business expenses that don't depend upon the extent of products or services produced by the business. These expenses are time-related, like salaries or rental expenses that are paid monthly, and are often spoken as additional expenses. This differs from variable costs associated with volume (and is paid per goods/services produced).

In management accounting, fixed costs are defined as unchanging distribution as a function of the activities of a business within the same period. for instance, a retailer must pay bills for rent and facilities notwithstanding the sale.

Together with variable costs, fixed costs form one in all two components of total costs: total costs capable fixed costs plus variable costs.

Variable costs are costs that change proportionally to business activities. Variable costs are the entire marginal costs of all units produced. this will even be considered normal costs.

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Fixed Costs brainly.com/question/1370213

Variable Costs brainly.com/question/1370213

Details

Class: High School

Subject: Business

Keywords: fixed, variable, costs

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