If you had a bank account, which two methods of completing transactions do you think you would use most frequently? Why?

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Answer 1
First, I would prefer ATM transactions as this allows me to access cash is faster than over the counter transactions and it can be done any time of the day. Second, I would also prefer to use online banking because this is a very quick way to transfer money from my account to another's without having to queue up to deposit. 
Answer 2

The two methods of completing transactions that one might use most frequently with a bank account are online banking and debit card transactions.

Online banking offers the convenience of managing finances from anywhere at any time. It allows for a variety of transactions such as transferring funds between accounts, paying bills, checking account balances, and setting up automatic payments. The ease of access and the ability to conduct transactions without visiting a physical bank branch make online banking a preferred choice for many.

Debit card transactions are also commonly used due to their simplicity and immediacy. Debit cards are linked directly to one's bank account, allowing for cash withdrawals at ATMs and purchases at point-of-sale terminals. They provide a secure and cashless way to make transactions, and because the funds are deducted directly from the bank account, they help in managing spending within available balances.

Both methods are secure, convenient, and widely accepted, which contributes to their frequent use. Additionally, they offer instant access to account information, which aids in budgeting and financial planning.


Related Questions

In order to ensure success, what are the five rules you need to follow before going into business for yourself?

Answers

Final answer:

Before going into business for yourself, there are five rules you need to follow to ensure success: define your goals, create a business plan, secure funding, research and understand your market, and build a strong team.

Explanation:

Before going into business for yourself, there are five rules you need to follow in order to ensure success:

Define your goals: Determine what you want to accomplish and set specific, measurable, attainable, relevant, and time-bound (SMART) goals.Create a business plan: Outline your business idea, target market, competition, marketing strategy, financial projections, and operations.Secure funding: Determine how much money you need to start your business and explore sources of funding such as personal savings, loans, grants, or investors.Research and understand your market: Conduct market research to identify your target audience, competitors, and market trends.Build a strong team: Surround yourself with talented individuals who complement your skills and can help you achieve your business goals.

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What may be offered to clients when banks find the risk too high?

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Private money may be offered to clients when banks find the risk too high. Private money is usually owned by a private organization. Private money has high interest rates and the people who receive the money still have to follow state, federal and bank laws when using the money.

Suppose that Bobo purchases 1 pizza per month when the price is $19 and 3 pizzas per month when the price is $15. What is the price elasticity of Bobo’s demand curve?

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bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product
Final answer:

The question was about calculating the price elasticity of demand for Bobo's pizza consumption. The calculation involved a percentage change in quantity and price, returning an elasticity measure of 9.52, signifying high responsiveness of demand to price changes.

Explanation:

The question revolves around the concept of price elasticity of demand, which is a measure of the degree of change in quantity demanded of a product in response to a change in its price. In the case of Bobo and his pizzas, let's analyze the scenario: initially,Bobo buys 1 pizza when the price is $19 per pizza and then shifts to buying 3 pizzas when the price decreases to $15 per pizza.

Price elasticity of demand is calculated using the formula:% change in quantity demanded / % change in price. Applying the scenario of Bobo to this formula:
% change in quantity demanded = [(3-1)/1] x 100 = 200%
% change in price = [(15-19)/19] x 100 = -21%

We ignore the negative sign as elasticity is usually talked about as an absolute value. Therefore, the price elasticity of demand = 200%/21% = 9.52. This result implies that the quantity that Bobo demands is very responsive to changes in the price.

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A dramatic look at what an entire organization might be like at a distant point in the future is called a corporate ______

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It is called a CORPORATE VISION.
A corporate vision is like a road map which guides a company in the right direction within a specified number of years. A company usually set up a vision by indicating the defined goals it wants to achieve in the direction of the company's growth withing a specified period.

Consumer reports found 68 percent of start-up financing for entrepreneurs comes from:

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I think its personal resources 

Last week stephanie quit her job as a copywriter at an advertising agency. she has spent the past few days browsing the help wanted ads but hasn't found anything that matches her skills. stephanie is best classified as:

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she Is classified as someone who is jobless and useless

Which access control method model grants rights or privileges based on their job function or position held?

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The answer is role based access control. This is a method of having to regulate access in a computer device in which an individual has task or role that he or she need to do in a way of using the computer device.

Why is it important to carefully document an interview?
a. You can learn from the problems and successes during the interview
b. It can help you determine if the company is the right fit for you
c. Documenting the information can help you prepare for a second interview
d. All of the above

Answers

D) all of the above because you should be doing all of these during an interview 
D. All of the above. Because 1. You want to know what you're getting yourself into. 2. You never want to work for someone/something you don't like. 3. If all fails you can better yourself in the future.

One major difference between a nation's balance of trade and its balance of payments is that

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The balance of commerce is the difference in the value of exports and imports of only visible items. The balance of trade adds imports and exports of goods alone, clearance items. A balance of trade of  a country can be favirable or infavirable but BoP regularly balance

_____ is an open source operating system whose source code is freely available to everyone.

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Linux is an operating system, similar to Windows or iOS. It's the inner part of the computer brain, the part most users won't see. What makes Linux different is that it isn't a secret. It's open source, meaning anyone can use it, look at it, and if they have the skills, modify it.

A decrease in supply, with no change in demand, will lead to ________ in equilibrium quantity and ________ in equilibrium price.
a. an increase; an increase
b. an increase; a decrease
c. a decrease; an increase
d. a decrease; a decrease

Answers

d
you can use common sense for this
Demand for potatoes remain the same and supply of potatoes decrease. The number of potatoes sold will decrease and producers naturally increase price of potatoes (to try to earn more)
Final answer:

A decrease in supply with stable demand results in decrease in equilibrium quantity and an increase in equilibrium price. Thus, the correct option is 'c. a decrease; an increase'.

Explanation:

This question is asking about the concept of supply and demand, which is a fundamental concept in economics. Specifically, the question is about what happens when supply decreases while demand stays the same. According to the law of supply and demand, if there is a decrease in supply with no change in demand, it will lead to a decrease in equilibrium quantity and an increase in the equilibrium price. This is because the decrease in supply creates a shortage, which leads to an increase in the price to balance out the market. Therefore, the correct answer to this question is c. decrease; an increase.

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Acme co. just completed the incorporation process and received its articles of incorporation from the state. at the first organizational meeting of the new company, the officers' most important task is to:

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the officer's most important task is to adopt by-laws,
In business term, by-laws refers to set of rule that created by the company in order to control the action of its members.
The company need to do this because The action of its members could affect the whole operation of the company whether it's from operational point of view or from company's reputation within the society.

Paolo is always coming up with new ideas and seeking funding to explore them. he sees opportunities in the marketplace and wants to be the first person to come up with new products and services that customers want. paolo, a person who is apt to take initiative and persevere to influence the environment, has a(n) ______ personality.

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Paolo has a proactive personality in which a person is likely to be more initiative in a way that they are likely to respond to a situation in advanced rather than waiting for it to happen or just plainly react towards the situation. People has this kind of personality are likely to be more persevere to influence the environment.

Elizabeth works for a local restaurant. At the end of her shift, she is required to write in the time that she arrived and the time she is leaving so that she can be paid appropriately. Today Elizabeth was 15 minutes late for work. What would be the most ethical thing for Elizabeth to do?

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At the end of her shift, she's supposed to write in the time she arrived and the time she was leaving, so she probably should write the time she actually came in rather than the time she was supposed to come in. In addition, she would probably want to tell her supervisor that she's sorry and let them know why she was late as she probably should come at an assigned time for a reason

I believe the answer is:  Honestly  Write in the correct time when she arrived (15 min late) and the correct time she left.

In addition, Elizabeth need to tell her supervisor  about the reason why she's late and said her sorry. Even though this might reduce her pay in the near time, she would create an excellent impression in front of her boss, and increase her likelihood to obtain promotion or bonuses.

An _ is a series of related jobs built on a foundation of interest,knowledge,training,and experience

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A career is a series of related jobs built on a foundation of interest, knowledge, training, and experience.
career is the answer

What is the difference between a linear and a nonlinear cost function? give an example of each type of cost function?

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The difference between a linear and a nonlinear cost function is

A linear cost function is a cost function where, within the relevant range, the graph of total cost versus the level of a single activity related to that cost is a straight line.
An example of a liner cost function is a cost function for use of a telephone line where the terms are a fixed charge of $10,000 per year plus a $2 per minute charge for phone use.

A nonlinear cost function is a cost function where, within the relevant range, the graph of total cost versus the level of a single activity related to that cost is not a straight line.
Example include economies of scale in advertising where an agency can double the number of advertisements for less than twice the costs, step-cost functions, and learning-curve based costs.

Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.

Answers

The answer is Increase and Decrease
W-4 allowance is deducted directly from the total of your salary by the employers.This means that the amount of money that you could take home will be reduced.
Since the employers now in the possession fo a certain percentage of your income, the tax burden is now no longer in your hands, which will reduce your amount of tax payment.

Kate and tom are dating. kate's car breaks down and she calls tom to come pick her up because she is stranded. if tom chooses to go and help kate, this is likely to

Answers

Helping each other when needed increases the feeling of respect and love for that makes any relationship much stronger.
In the above question, if Tom chooses to go and help Kate, it will to build a trust between both of them. Kate will feel that she can rely on Tom and he will always help her when needed. Tom will also start liking Kate more after helping her.

Which of these describes an economic incentive for entrepreneurs?

Answers

An entrepreneur does not have to share any profits with an employer would be an example of the Economic incentive.
In general, many corporations set up a regulation for its employees who want to open up a business, in which that they're allowed to do it under their employmment as long as they share a percentage of the profit for the company. If this regulations are gone, the entrepreneur would obtain more profit.

Answer:

C.)  motivates producers or consumers to take action.

Explanation:

An economic incentive is best described as something that: C. motivates producers or consumers to take action.

An economic incentive can be defined as a financial motivation, reward, or compensation that are given to either the employees working in an organization, business firms (producers), agriculturalists (farmers), or consumers, in order to motivate them to do more or take certain steps (actions) and give their best.

What type of schooling for the job welding?

Answers

More than likely you can go to a technical institute to get certified as a welder

Answer:

There's college courses that certify you, apprenticeships, jobs that train you, high school courses that can get you certified and businesses like ironworker associations that you can pay to test for a certification.

Explanation:

Moore's law is often cited in the computer industry because it has held true for over 50 years. what does this rule predict regarding cpu capacity?

Answers

Answer: That CPU capacity will double every 2 years.

Explanations:
Moore's law states that transistor capacity doubles in dense integrated circuits every two years, and the law has been true for over 50 years. Consequently, the semiconductor has used this law as a guide for product planning.

Because of nanotechnology, this law may remain valid for many more years.
However, because the cost of production has been increasing, the law is not expected to continue indefinitely.  

Final answer:

Moore's Law states that computing power, specifically CPU capacity, doubles approximately every two years, a trend observed for over 50 years. This has resulted in substantial improvements in memory capacity, processing speed, and storage space, leading to the modern, high-powered computers we use today.

Explanation:

Moore's Law predicts that CPU capacity will double approximately every two years. This law, formulated by Gordon Moore, one of the co-founders of Intel Corporation, has been observed for more than five decades. Although Moore originally focused on the number of transistors that could fit on an integrated circuit, the implications of his observation have extended to various aspects of computing power including memory capacity, processing speed, and storage space. This exponential growth has led to the rapid evolution of computers, turning them into the powerful desktop and laptop machines we see today. Additionally, this increase in computing power dictates that newer software often requires more processing capabilities, which is why a computer that is a few years old may struggle with the latest applications or games.

It is important to note that as we reach the physical limits of semiconductor technology, there are discussions about whether Moore's Law is reaching its end. Nevertheless, the past trend has allowed significant growth and innovation in the computer industry and has been a benchmark for technological progress.

Constituency service and private bills are common forms of patronage. true

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That statement is true.
Patronage refers to the preferential treatment that given by the government to a certain organization. Patronage would give a competitive advantage for that organization over the one who don't receive it and usually only given to the company would give the incentive back to the government after obtaining the profit.

In which type of business would you most likely find a theory x style of management?

Answers

the answer to this question is mass manufacturing company
The type X style of management based on the assumption that all of their employees dislike works and will do anything in their power to avoid it.
Because of this, mass manufacturing company is perfect because it utilized machineries rather than actual workers.
A Mass manufacturing business would be a classification of business wherein the theory x style of management would be commonly be observed. Since, a mass manufacturing business, requires a lot of workers bound to help in creating products, the theory suggests that there are workers who dislikes work and has little ambition for their work and are unwilling to take and accept responsibilities in the careers.

Unexpectedly high inflation tends to hurt ________ most

Answers

Unexpectedly high inflation tends to hurt lenders the most. When lenders lend money, it is valuable ,  but the amount of money that must be returned to him/her is fixed. Over time, the value of the money keeps depreciating and finally when the borrower does return the money, the value decreases to a very small amount, which is not worth much. For example, let's say a borrower borrows money from a lender to buy a car. With time, the value of money depreciated so much that when the borrower finally returns the money, the same amount of money is not even worth buying a box a matches!

Heidi plans to purchase a pickup truck. the range available for negotiation is the difference between the sticker price and the

Answers

The range available for negotiation is the difference between the sticker price and the INVOICE PRICE.
The sticker price refers to the amount of money that a seller attached to a product he wants to sell. The invoice price refers to the price that a company pay to its wholesaler dealer for an item, that is, it is the actual cost of a product. During negotiation, the lowest price that a seller can sell for is the invoice price.

Faced with a wide variety of computers to choose from, mary first eliminated all models that would not fit comfortably on her desk. next, she eliminated all models costing more than $1000. finally, she eliminated all models without a full year's warranty. it appears that mary is using the _____ model of decision making.

Answers

Mary is using the bounded rationality model of decision-making by setting clear criteria and then looking for a satisfactory option that meets these minimum requirements rather than seeking the absolute best option.

It appears that Mary is using the bounded rationality model of decision-making. The bounded rationality model recognizes that individuals are limited in the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision. Instead of seeking the optimal solution, they apply a satisficing strategy which means they are seeking a satisfactory solution that is good enough rather than the perfect one. Mary first sets clear criteria for her computer search such as size, price, and warranty. Then, she eliminates all options that don't meet these minimum criteria, accepting a satisfactory option rather than looking for the absolute best among all possible computers.

According to herzberg's theory, the first thing managers of employees who dislike their jobs should do is to

Answers

According to the theory of Herzberg’s, the first thing that managers of employees who dislike their jobs should do is to provide a reasonable explanation in terms of their job description, working conditions regarding of what they should and not do, make sure there is a presence of pay levels and there are policies to be implemented.

In c++ when a relational expression is false, it has the value ________.

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In c++ when a relational expression is false, it has the value 0. Every  evaluated expression produces a result, and it can be either true or false. If you see that your value is zero, it means that you have to look through the expression again and find mistakes.

Final answer:

In C++, a false relational expression has the value 0. Boolean expressions return 0 for false and 1 for true, and operators such as '==' are used to evaluate these expressions according to truth tables.

Explanation:

In C++, when a relational expression is false, it has the value 0. Boolean expressions in C++ return 0 when they evaluate to false and 1 when they evaluate to true. The concept of truth values is fundamental in programming, where expressions are checked for either being true or false under specific conditions. For example, the operator == compares two operands and produces True if they are equal and False otherwise, with the False evaluation represented as the integer value 0.

It is crucial to understand that logical expressions can be composed of several Boolean operators including && for "and", || for "or", and the negation operator ! to invert the truth value. Each operator has a well-defined behavior on truth values, which can be perfectly illustrated using truth tables. Only True or False results are possible, and with that in mind, we can say that any relation or condition resulting in False will correspond to 0 in C++.

Pretend you are again a manager of your favorite manufacturing company. you have been asked to determine whether a product (one of your choosing) should be manufactured in-house or outsourced to another vendor. discuss the relevant costs you would consider for this decision as well as irrelevant costs and sunk costs. how would you use differential analysis to arrive at this decision? are there any other items that should be considered when making this decision?

Answers

To decide whether to manufacture in-house or outsource, evaluate relevant costs including direct materials, labor, overhead, and opportunity costs, while disregarding sunk costs. Use differential analysis to compare costs and consider the ability to maintain strategic control over critical functions. The decision should align with the firm's long-term profitability and strategy.

When considering whether a product should be manufactured in-house or outsourced, a manager must analyze the relevant costs. Relevant costs include direct materials, direct labor, overhead, and opportunity costs associated with production. It is also essential to consider the potential outsourcing risk and how it may affect the company's operations and profitability.

Irrelevant costs, such as sunk costs, which have already been incurred regardless of future actions, should not influence the decision-making process. These are historic costs like research and development expenses for the product in question, and they do not affect the marginal cost of production or the price/output decision.

To make a well-informed decision, differential analysis is used. This involves comparing the incremental costs of manufacturing the product in-house vs. the costs of outsourcing. Each potential cost should be carefully evaluated, taking into account not only the short-term financial implications but also long-term effects and strategic implications for the company.

Decision-makers should also contemplate the ability to maintain quality, control over the process, and confidentiality, especially when the product or service is critical to the company's supply chain or customer service strategy.

Ultimately, the decision to make or buy should focus on whether the company can cover its variable costs in the short term and meet or exceed total costs in the long run. Addressing these considerations will help in determining the most cost-effective and strategically sound choice for the company.

What were the main reasons grange decided to leave school in order to start his own team?

Answers

One of the main reason is He Knocked out in one of the games during high school. Grange remained unconscious for two days after the blow and started to experience difficulity in speaking. This make his career became really blurry and none of the team want to sign him. In the end, he had to make his own team.
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