Answer: Credit Union
Explanation:
Mike and Molly are making use of a credit union type of financial institution.
A credit union type of financial institution makes use of money of joint members deposited to give loans to members within the same group. The money they credit to members within the group is the money that would have been profit to other group members. So, instead of taking their profit home individually, they are given out on loan to members within the group. The purpose of this credit loan type of financial institution is to encourage members to save and to easily access loans.
Answer:
A decrease of $7,200 in the cash account and an increase of the same amount in the prepaid insurance account occurred.
Explanation:
In this case, there are only two accounts available;
1. Prepaid insurance account
2. Cash account
When Smart decided to pay $7,200 for an insurance premium on a three-year policy, he used $7,200 in cash to purchase a prepaid insurance premium at the same cost. This can be illustrated in the table below;
Account type Credit Debit
Cash account $7,200
Prepaid insurance account $7,200
Total $7,200 $7,200
From the above illustration, we can conclude that when Smart made a decision to purchase the insurance premium, he debited $7,200 from his cash account and credited $7,200 in his prepaid insurance account.
We can conclude that a decrease of $7,200 in the cash account and an increase of the same amount in the prepaid insurance account occurred.
Answer:
Improve the benefits package to retain key employees and reduce turnover.
Explanation:
the dynamic capability perspective model reflects an organization's capability to leverage and make adequate use if it's resources in surviving and growing in a constantly changing environment. The bathtub metaphor describes the flow and movement of organization's resources such as it may be used to accomplish dynamic capability
Example(bathub metaphor)
Water flowing from different places into the tank represents capital investments
How fast the tank fills with water represents how fast the firm would be able to build capital base
The amount of water that has entered the tank represents the firm's current capital
How much water leaks from the tank represents a reduction in the firm's capital base
Answer:
The correct answer is: not economic responsibility
Explanation:
Corporate social responsibility (CSR), also called corporate social responsibility (CSR) or socially responsible investment, is defined as the active and voluntary contribution to social, economic and environmental improvement by companies, generally with the aim of improving their situation Competitive, valued and its added value. The organization's overall performance evaluation system in these areas is known as the triple result.
Corporate social responsibility goes beyond compliance with laws and regulations, assuming their respect and strict compliance. In this sense, labor legislation and regulations related to the environment are the starting point for environmental responsibility. Compliance with these basic regulations does not correspond to social responsibility, but to the obligations that any company must fulfill simply by the fact of carrying out its activity. It would be hardly understandable for a company to claim CSR activities, if it has not complied or does not comply with the reference legislation for its activity.
Term insurance is the least expensive type of life insurance because it only covers a specific period of time, unlike whole-life, endowment, or limited-payment life insurance which cover the insured's whole life.
The least expensive type of life insurance is generally term insurance. This kind of insurance is less expensive than whole-life, endowment, or limited-payment life insurance because it covers a specific term, or period of time, rather than the insured's entire lifetime. Term insurance pays out only if the insured dies during the term of the policy. For example, if a person buys a term insurance policy for 20 years and dies within that time, the policy will pay out. If they live beyond the 20 years, the policy ends and no payout is made.
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b. Using credit allows you to make impulsive buys.
c. Using credit makes it easier to track your spending than cash.
d. Using credit offers a convenient source of funds in an emergency.
One thing that is not a benefit of using credit instead of cash is that b. Using credit allows you to make impulsive buys.
Using credit means that you will always have access to resources to use and buy goods and services.
This means that one can be able to make impulsive buys because they will be able to buy things they see without having to worry about not having money.
Find out more on credit at brainly.com/question/1250740.