Business, 15.05.2021 01:00 19wawrzkeek

This questions probably on here already but whatever... Match the type of account to the correct description.

This questions probably on here already but whatever...

Match the type of account to the correct

Answers: 2

Show answers

Answers

Answer from: gl648809

1. Basic bank savings account.

2. Club account.

3. Checking account.

4. 529 plan.

5. CD

Explanation:

Savings can be defined as the amount of money left after removing expenses and other costs.

Investments are costs associated with purchasing of capital assets and investments of cash resources in other businesses.

1. Basic bank savings account: it's a deposit account that offers an account holder a low interest rate, checkbooks aren't issued, and the holder is posed with few restrictions on access to his or her money.

2. Club account: it's an account used to save money for a specific purpose or special reason such as vacation, tourism, college, etc.

3. Checking account: it's a type of deposit account that is designed to make it convenient for the holder to pay bills easily.

4. 529 plan: a 529 plan is a tax-free savings account which avails an individual or account holder (sponsor) to make payment in advance with respect to educational expenses that would be incurred by a student (beneficiary) in the future. This plan is mainly sponsored by state agencies or the state itself and it is authorized by Section 529 of the Internal Revenue Code and mainly sponsored by the states to encourage savings for future educational costs.

5. Certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

Answer from: Quest

answer; i believe the correct answer is energy star;

Answer from: Quest

hyhggefmvz

bbmzbmzgzmkgsgzkhxldluox

Another question on Business

Business, 21.06.2019 22:00

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

Answers: 3

Answer

Business, 22.06.2019 13:10

The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?

Answers: 2

Answer

Business, 22.06.2019 20:00

After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of

Answers: 1

Answer

Business, 22.06.2019 23:30

At the save the fish nonprofit organization, jenna is responsible for authorizing outgoing payments, rob takes care of recording the payments in the organization's computerized accounting system, and shannon reconciles the organization's bank statements each month. this internal accounting control is best known as a(n) a. distribution process. b. segregation of duties c. specialized budget d. annotated financial process

Answers: 2

Answer

You know the right answer?

This questions probably on here already but whatever... Match the type of account to the correct de...

Questions