Which of these is the best reason for Nina to maintain up-to-date and accurate records of her bank accounts? To know how much money she has for budgeting . ... Alex has not been keeping his banking records up to date.
Which of these is the best reason for Nina to maintain up to date and accurate records of her bank accounts Brainly?
The best reason for Nina to monitor her bank account statements online or on her cell phone app is to know how much money she has for budgeting .
What type of account is most suitable for Sophia needs?
A savings account allows her to set her money aside. Sofia has saved $10,000 and wants to be sure that she is earning substantial interest on her money. Though she plans to add to her savings as her earnings increase, she wants to be able to access her money if the need should arise.
What is one benefit of purchasing bonds?
Investors buy bonds because: They provide a predictable income stream . Typically, bonds pay interest twice a year. If the bonds are held to maturity, bondholders get back the entire principal, so bonds are a way to preserve capital while investing.
How should columns be labeled?
These columns should be labeled as Check Number, Description, Balance . One of the most important things you have to do in your business if you want to maintain proper control of the daily transactions is to have a record account of each of them.
Which transaction can increase the balance in a checking account?
Deposits increase the checking account balance. You can deposit a greater amount than the balance in the account.
In which situation would a savings account be the best?
Saving to buy a new house in seven years would be the best savings account investment to earn interest.
What is the best reason for Jacinta to have?
What is the best reason for Jacinta to have a savings account in addition to a checking account? A savings account protects her money from overdraft fees . A savings account insures her money under the FDIC. A savings account guards her money against inflation.
Where do banks get money to lend to borrowers quizlet?
Banks obtain funds from individual depositors via savings and money market accounts, CDs, and more. Banks also obtain funds from same via interbank CDs, Federal Reserve deposits and the sale of bank bonds. Where to banks lend money to? Banks loan money to individuals via car loans, home loans , etc. . . .
Which would be the best action for Karina to take?
After reviewing her well-kept records, she cannot find anything that is incorrect. Which would be the best action for Karina to take? Check her records against her bank statement .
Are bonds safe if the market crashes?
Bonds can be a good investment during a bear market because their prices generally rise when stock prices fall. The primary reason for this inverse relationship is that bonds, especially U.S. Treasury bonds, are considered a safe haven , which makes them more attractive to investors than volatile stocks in such times.
Can you lose money in bonds?
Bonds are often touted as less risky than stocks — and for the most part, they are — but that does not mean you cannot lose money owning bonds. Bond prices decline when interest rates rise , when the issuer experiences a negative credit event, or as market liquidity dries up.
How much should I invest in bonds?
The Fidelity Investments website recommends a minimum of $100,000 to $200,000 to invest in individual bonds. To be taken seriously by a broker who can steer you to good bond choices, you should think of buying municipal or corporate bonds in increments of $25,000, $50,000 or $100,000.
Which command will you choose to convert a column of data into row?
edit>> paste special >>transpose .
Is the intersection of a row with a column?
The intersection of a row and a column is called a cell .
Why are the Excel columns numbers not letters?
Cause: The default cell reference style (A1) , which refers to columns as letters and refers to rows as numbers, was changed. Solution: Clear the R1C1 reference style selection in Excel preferences. On the Excel menu, click Preferences. Clear the Use R1C1 reference style check box.
