• 2022-06-06
    A current account provides the following facilities:
    A: a chequebook
    B: a cashcard
    C: a deposit book
    D: all of the above
  • B,C

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    • 0

      which of the following measures indicates the ability of a firm to pay its current liabilities? A: working capital B: current ratio C: Acid-test ratio D: all of the above

    • 1

      ‎Which of the following will probably not result in an increase in a country's current account balance (assuming everything else constant)?​ A: A decrease in the country's rate of inflation B: A decrease in the country's national income level C: An increase in government restrictions in the form of tariffs or quotas D: An appreciation of the country's currency E: All of the above will result in an increased current account balance.

    • 2

      Which of the following current liabilities is/are a known amount? A: Unearned Revenue B: Accounts Payable C: Payroll Liabilities D: All of the above are known amounts.

    • 3

      Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable

    • 4

      Which one of the following savings plans is not covered by federal deposit insurance? A: passbook account at a savings and loan B: regular checking account at a commercial bank C: money market account at a commercial bank D: money market fund with an investment company E: certificate of deposit at a commercial bank