All of the following are advantages of having a savings account except

Savings accounts help you be prepared for emergencies and unplanned spending

Funds held in a savings account are highly liquid

Savings accounts pay a high rate of interest

Savings accounts at banks are insured by the FDIC

Answers

Answer 1

Answer:

Funds held in a savings account are highly liquid

Explanation:

The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.  

Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.


Related Questions

Keeping an open mind is necessary to show ______.
a.
willingness to learn
b.
self management
c.
loyalty
d.
Willingness to get things done

Answers

Answer: a. willingness to learn

Explanation:

Answer:

a

Explanation:

Does the fact that an Investment Adviser is registered in a state mean that the Investment Adviser is qualified?

Answers

Answer:

No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.

Explanation:

Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.

A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.

However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.

Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.

The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.

Sales tax is deducted from your gross wage.


True

False

Answers

Answer:

False

Explanation:

Sales Tax is applied when you purchase something.

Sales tax is deducted from your gross wage is the false statement, as sales and gross wages are two different things.

What is Sales tax?

The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the shop, and paid to the government.

Thus, the statement is not true.

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In a progressive tax system, who pays a greater proportion of their income in taxes?

A. people with low incomes
B. people with high incomes
C. people who have the most deductions
D. Everyone pays the same.

Answers

Answer:

B. people with high incomes

Explanation:

A progressive tax system imposes high tax rates to high-income earners. In a progressive tax system, the applicable tax rates are based on income level. The higher the income, the higher the tax rate.

Low-income earners will be taxed at a lower rate, hence only a small proposition will be used for taxes. High-income earners will be taxed using a higher tax rate, meaning a bigger proposition of their income will be spent on taxes.

why storage forms a key aspect in fruit farming ?​

Answers

Answer:

The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.

Which of the following are examples of demonstrating professional behavior in the workplace? Check all of the boxes that apply.

being punctual

attending work regularly

dressing however you want

completing assignments on time

following company rules

having a positive attitude

sharing gossip with others

Answers

Answer:

1, 2, 4, 5, 6

Explanation:

Answer:

Trust the person above me!!!!!!

Explanation:

Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the service revenue account

Answers

What should I prepare the trial balance from?

B. Although materiality in terms of size is important, size alone does not qualify a loss as an extraordinary item. To qualify as extraordinary, an event should be unusual in nature, and not be expected to recur in the foreseeable future.

Answers

Answer:

true

Explanation:

In simple words, the above statement relates to the theories of cost accounting. An extraordinary item can be understood as an accounting concept that relates to an exceptional benefit or loss which is not caused, unusual in existence, and uncertain to reappear in the near future from the usual business activities of a firm. The financial reports individually report extraordinary items.

Thus, from the above we can conclude that the correct option is true.

Jackson is working late at night on a project that is due the next day. he is not sure how to print his word document, and it is too late to call or text his teacher. what what is the best option for Jackson?

Decided not to print the document
Provide negative feedback to office online
Type a question in the "tell me what to do" box
View accessibility options ​

Answers

Answer:

Type a question in the “Tell me what you want to do” box.

Explanation:

Did the test myself and got it right.

Answer:

click the tell me what to do box

Explanation:

Some countries use market-based systems to help control access to fisheries. One such program is the

Answers

Answer:

individual transfer rights system.

Explanation:

Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.

An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.

please help!!
Select the correct answer.
Divya works at a private elementary school. She caters to students who do not speak English as their first language. Her main responsibility is to read the original English text, and then rewrite the same in the language that the students understand. Which career role in education and training does Patricia perform?
А. Interpreter
B. translator
C. school counselor
D. coach​

Answers

Answer:

answer is :B

Explanation:

A translator is someone who takes a word or a paragraph or a sentence and makes it where people can understand what it says

Assume wages and resource prices are flexible and the economy reached long-run equilibrium. What would be the long-run equilibrium output if there was an increase in government spending

Answers

Answer: If there is an increase in spending, it would affect the economy, because there is supposed to be an equality in the revenue generated and the cost

Explanation:

The long-run equilibrium can be described when a perfectly competitive market occurs having marginal revenue equating marginal costs, which is also equal to average total costs.

If there is an increase in spending, it would affect the economy, because there is supposed to be an equality in the revenue generated and the cost but in situations where cost exceeds economy, there would be an effect

In the context of customer relationship management, _____ assists with tasks such as tracking customer interactions and analyzing sales forecasts.

Answers

Answer:

Salesforce automation.

Explanation:

The word automation can easily been seen to signal a great deal of software programming and in the case above, if has to deal with sales. Therefore, in the case above, this programming pattern is directly seen to deal a lot with customers, especially their relationship management and also help in forecasting, analysing performance and creation of leads in the course of sales which a lit of it can be done with a source of the internet.

Your Assignment, Part I
Imagine you have decided to start a business. This is your opportunity to select a
business endeavor that interests you and engage in the marketing process. Choose
wisely because you will work on building this business not only in this project, but
also in the projects for Units 3 and 4. You should answer all questions in a separate
document that you will hand in to your teacher.
First, think about the type of business you want to create. Will this business offer
mainly goods, services, or a combination of both? Here is a list of ideas to get you
started:
• Restaurant or catering company
• Company that sells specialty goods, such as sporting goods or electronic
devices
• Service-oriented company, such as dog-walking, web design, or tutoring
1. List the type of business you will have.

Answers

20

Explanation:

I took the text to day its 20

What information does a supply schedule provide?

Answers

Answer:

See below

Explanation:

A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.

The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.

Which of the following represents major standards for ethical behavior?

Answers

Answer:

A. integrity, honesty, respect, fairness

Explanation:

Ap-ex

Kimberly is responsible, worthy of trust, and consistent in her performance at work. Her employers know that they can count on her. Kimberly demonstrates _____.

initiative
dependability
time management
conflict resolution

Answers

Answer:

dependability

Explanation:

When others can rely on you, it shows you are dependable. Dependability is a state where others trust a particular person will deliver.  It is convincing others to have full confidence in you and your abilities.

Through previous actions, Kimberly has demonstrated that her employers can rely on her entirely. She has convinced her employers without any doubts that they can depend on her.

2. The economic system that is found in a Communistic political system is
1 point
a: *
a. Command Economy
b. Free Enterprise
c. Mixed Economy
d. Fascism

Answers

Answer:

a. Command Economy

Explanation:

In a communist political system, the emphasis is on the general well being of society at large. Public needs and wants are prioritized over individuals' needs. In a communist political system, factors of production are owned by the public through the government.

A command economy is an example of the communist political system.  In a command economy, the government makes all the economic decisions. It produces goods and services with public interests as the motive for engaging in economic activities. In command economies, serving the public is prioritized over profits.

Failure to pay on mortgage is called _____.

ANSWER: D. default

A. closing
B. foreclosure
C. amortization
D. default

Answers

Answer:

(D) Default

Explanation:

When you fail to pay your mortgage it will be defaulted. Only then will the owner put the property in foreclosure. Typically foreclosure isn't put in effect until after about three months of missed payments.

Answer:default

Explanation:

An argument can only have one premise.

True or False

Answers

Answer:

TRUE: A valid argument cannot have all true premises and a false conclusion. So if a valid argument does have a false conclusion, it cannot have all true premises. Thus at least one premise must be false. 4.

Explanation:

The answer is- TRUE. Hope u do well on ur assignment bro

Which of the following techniques can HR managers implement that would
best help with managing gender differences?
A. Hire more baby boomers
B. Encourage work-life balance
C. Encourage stronger immigration policies
D. Increase the wage-gap even further

Answers

B. Encourage work-life balance

Encouraging work-life balance can HR managers implement that would best help with managing gender differences. Thus option B is correct.

What is technique?

The technique includes the real, in-the-moment actions and behaviors that take place when educating a language using a specific methodology. In other terms, a technique is a set of lessons and class activities that serve as the foundation for both education and learning.

Sharing encouraging news items, advice on keeping excellent health and wellbeing, and good company news may all help your staff still feel like they are a part of the team, no matter where in the world.

This can be at the HR manager's plans to do so. This was to make sure that there could be various techniques. Therefore, option B is the correct option.

Learn more about the technique, Here:

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Samantha invested $14,000 at 6% simple interest for 1 year. How much is in the account at the end of the 1 year period

Answers

Explanation:

The interest = PTR/100

So, here P = Principcal

T = time

R = Rate of interest

= 14000 x 6 x 1 / 100 = 840

So interest = 840

So, The amount at the end = Principcal + Interest

= 14000 + 840 = 14840

A company's balance sheet shows: cash $40,000, accounts receivable $25,000, office equipment $59,000, and accounts payable $26,000. What is the amount of stockholders' equity

Answers

Answer:

the amount of stockholders' equity is $98,000

Explanation:

It is important to remember that the Balance Sheet uses the Accounting equation :

Accounting Equation states that :

                                      Assets = Equity + Liabilities

This can be also stated as :

                                         Equity = Assets - Liabilities

Where,

Assets = $40,000 + $25,000 + $59,000 = $124,000

Liabilities = $26,000

Therefore,

Equity = $124,000 - $26,000

           = $98,000

Conclusion :

Using the Accounting Equation we have solved the amount of stockholders' equity as $98,000

what is the answer to this question?

Answers

It would be 400 euros

1 dog a day= 10 euros
8 dogs a day= 80 euros
80x5=400

(80 euros for 8 dogs a day)(5 days)

A type of service that requires a CPA firm to issue a report about the reliability of an assertion that is made by another party is a(n) Group of answer choices

Answers

Answer:

no

Explanation:

creo

The protection of children’s education rights from excessive work time was guaranteed by the...
a.
The Rehabilitation Act
b.
The Fair Labor Standards Act
c.
The Age Discrimination Act
d.
The Equal Pay Act

Answers

Answer:

B

Explanation:

The protection of children's education rights from excessive work time was guaranteed by the The Fair Labor Standards Act (FLSA). The FLSA is the Federal law which sets minimum wage, overtime, recordkeeping, and youth employment standards.

Answer:

ITS B:))))

Explanation:

According to the American Management Association (AMA) and Human Resource Institute (HRI), what is the number one cause of unethical business conduct

Answers

Answer:

Pressure of meeting a deadline

Explanation:

According to the American Management Association (AMA) and Human Resource Institute (HRI) survey which included feedback from about 1,121 managers & HR experts from around the world, they discovered that there were a couple of factors that were responsible for unethical business conduct but the main/primary cause they discovered was the pressure of meeting tight deadlines.

Which of these is a primary and secondary source of market research, respectively?

Answers

Answer:

The answer is focus group interviews and trade associations.

Explanation:

Primary rotates around interviews and trade associations revolve encompassing receiving something back. the primary reference of research is data assembled through original or first-hand examination while the secondary reference is the data information collect by someone in history.

Why is strength an internal force

Answers

Answer:

Because it comes from within the person.

Explanation:

In business, we learn about the concept of internal force and external force as two factors that could influence the outcome of a certain event.

External forces are the type of influences that come from our environment. Generally, it's not something that we can control. We have to make proper adaptation to address the external forces to prevent it from ruining our goals.

Example of External Goals : Natural disaster, Future laws made by the government, etc.

Internal forces on the other hand are the type of influences that come from within ourselves as a person. It is something that we can control and constantly thrive to improve in order to make it easier for us to achieve our goals.

Example of internal goals: Strength, Emotional stability, Motivation, etc.

What types of loans are available to consumers?

Answers

Explanation:

Credit Cards: That used fund daily transactions by customers.

Car Loans: That used fund the purchasing of a car by customers.

Private loans: Used mostly by borrowers for school funding.

Personal Loans: Being used personal usage by customers.

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