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NEW QUESTION: 1
A compensating balance:
A. Is a level of inventory held to compensate for variations in usage rate and lead time.
B. Is the amount of prepaid interest on a loan.
C. Compensates a financial institution for services rendered by providing it with deposits of funds.
D. Is used to compensate for possible losses on a marketable securities portfolio.
Answer: C
Explanation:
Banks sometimes require a borrower to keep a certain percentage of the face amount of a loan in a noninterest-bearing checking account. This requirement raises the effective rate of interest paid by the borrower. This greater rate compensates a bank for services provided and results in greater profitability for the financial institution. Funds kept as a compensating balance can often be withdrawn if a certain average balance is maintained.

NEW QUESTION: 2
DRAG DROP
Drag and drop the route type on the left to their intended usage on the right.

Answer:
Explanation:

NEW QUESTION: 3
Which server blade is based on AMD Opteron Technology?
A. SB600c
B. BL685c
C. BL860c
D. BL2x220c
Answer: B

NEW QUESTION: 4
A rotating asset has been inspected and approved. The asset is then found to be faulty and needs to be
returned to the vendor. What will happen to the asset after it has been returned? (Choose two)
A. Asset will be changed to a non-rotating asset and no longer reside in the storeroom .
B. Asset status will change to INACTIVE when there is no inventory balance.
C. Asset record will be deleted after it has been returned.
D. Asset status will change to DECOMMISSIONED.
E. Returned to Vendor checkbox has been selected and made read-only.
Answer: A,D