BUSINESS HIGH SCHOOL

The prime interest rate is offered by banks to customers with the largest accounts and with very high credit ratings. a. True
b. False

Answers

Answer 1
Answer: The correct answer to the question that is stated above is letter .a. True.

The prime interest rates are offered by banks to customers with the largest accounts and with very high credit ratings.

>>>Prime rate is a term (in business)  which refers to the interest rate that banks charge their preferred customers--- those with the highest credit ratings. 

Related Questions

Holton is the manager at a small restaurant. What can he do to ensure the workplace offers a safe environment for employees?
The fourth general source of stakeholder needs, scenario analysis, comes into play when there is a need to anticipate future problems that end users dont know the have at this time. (T/F)
For which of the following do credit card companies usually not charge a fee
A place where people exchange goods and services is called a _____.competitormarketvalue
Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.

_______ exists for an employee when his or her manager has an expectation that the job will be performed and has the right to take corrective action if it is not. A. responsibility B. accountability C. authority D. coordination E. span of control

Answers

Answer:

B. accountability

Explanation:

Based on the information provided within the question it can be said that the term being mentioned is accountability. This term refers to an individual being responsible for something that if not done they have to answer for and accept the consequences. Which in this scenario, the employee has certain tasks that are expected to be completed by him/her and if they are not then he/she is accountable and the employer may decide a certain punishment such as firing the employee.

How many digits does a bank account in bank of america have?

Answers

Answer:

8 - 12 digits

Explanation:

The Bank of America have a 12 digits bank account number and the last digits of the account number is for added security. The next set of number is the account numbers after routing the number. The digits are typically for 8 to 12 digits. It is that number which is particular and it is necessary for all the transactions of the  bank.

Which action will help increase a low FICO score?A.) Reducing credit card balances.
B.) Holding payment on bills.
C.) Applying for credit more frequently.

Answers

A
Reducing credit card balance will help improve a FICO score.
I think the correct answer from the choices listed above is option A. The action that will help  increase a low FICO score would be reducing credit card balances. Hope this answers the question. Have a nice day. Feel free to ask more questions.

Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a federal loan and why?Select the best answer from the choices provided.
A. a federal loan because she may qualify for loan forgiveness
B. a private loan because she may qualify for loan forgiveness
C. a federal loan because her credit history will not be affected if she does not pay it back
D. a private loan because she can qualify for deferment while she is a student

Answers

The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out  a federal loan because federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.

Why do internal users need financial data?A. to make business decisions and compare business performance with previous years
B. to invest in the business’s stocks
C. to invest in stocks and make business decisions
D. to analyze the risk involved in lending money to the business
E. to understand the risk involved in lending resources to the business

Answers

Answer:

C. to invest in stocks and make business decisions

Final answer:

Internal users need financial data to make informed business decisions and compare business performance with previous years. Financial data offers insights into the business's operational aspects and can be used to identify trends and areas of growth or improvement. Options B, C, D, and E are more related to external users such as investors and creditors.

Explanation:

Internal users need financial data primarily to make informed business decisions and assess performance. Financial data provides insights into business operations such as profitability, effectiveness, and efficiency. It can also be used to benchmark performance against previous years, identifying trends and areas of growth or improvement.

Option A: to make business decisions and compare business performance with previous years is correct.

Options B, C, and D: to invest in the business's stocks, to invest in stocks and make business decisions, and to analyze the risk involved in lending money to the business, respectively pertain more to external users like investors and creditors, not internal users.

Option E: to understand the risk involved in lending resources to the business, seems partially correct. Internal users may use financial data to understand risk regarding resource allocation; however, the term 'lending' is generally mostly associated with external entities, such as banks.

Learn more about Financial Data here:

brainly.com/question/34926625

#SPJ2

In production, what is a flexible factor that can change in amount or usage?a. variable factor
b. invisible factor
c. fixed factor
d. produced factor

Answers

The answer to the question that is being presented above would be letter a. variable factor. In production, a flexible factor that can change in amount or usage is a variable factor. An example of a variable factor of production is labor. 
Other Questions
What is the difference between vested funds and non-vested funds in a 401(k) plan?Vested funds are employer contributions, but non-vested funds are contributed by the employee. Vested funds are tax-exempt until retirement, but non-vested funds are not. Vested funds do not belong to the employee until after a set period, but non-vested funds immediately belong to the employee. Vested funds belong to the employee even if employment ends but non-vested funds do not.
Which consideration must be addressed when deciding for whom to produce?
Factory owners may tolerate sweatshop conditions in an effort to keep production __________ and costs __________.a. high . . . low b. high . . . high c. low . . . low d. low . . . high
If you invest $1,000 at 12% interest, how much money will be in the account after two years, compounded annually? $1,240 $1,120 $1,254.40 $1,300