An object of interest to the end user is <u>entity</u>.
<u>Explanation:</u>
An entity is a real world object or thing that has an independent existence. Entity is distinguishable from the other objects. The attributes of an entity are the properties of the entity which make the entity distinguishable from the other objects.
The examples of entity are a car, a book or any other product. A set of an entity is known as the entity set. Entity may be an object with physical existence or it may be with a conceptual existence.
Answer:
All the statements are false
Explanation:
A simplified employee pension (SEP) retirement plan can be set up by an employer or by someone that is self-employed. The employer benefits from the SEP because his contributions are tax deductible. The employer's contributions to SEP individual retirement accounts is completely discretionary, they don't have to follow a fixed rate or amount. The contributions must be equally proportional to all full time employees. The main advantage of a SEP plan is that it is very simple to set up.
Answer:
d
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
GM has a higher beta and thus it has a higher systemic risk
total risk is measured by volatility. The higher the volatility, the higher the total risk . GM has a higher volatility
Answer:
In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. FALSE.
Banks keep only a portion of the customer deposits in the bank vault. A small portion is kept with the Fed called the Reserve Requirement.
Banks typically loan out a portion of customer deposits. TRUE.
Banks only loan out the portion of customer deposits that they did not leave with the Fed.
Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. TRUE.
When too many people try to withdraw from a bank, the bank might not meet these obligations because they loaned out money to people and those people were not yet due to pay back. This is a bank run.
The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. TRUE.
The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs. FALSE.
As explained in the first paragraph, the Fed requires that banks keep a portion of customer deposits with the Fed instead of the total value of customer deposits.
Answer:
Business exceptions
Explanation:
Policy and standards often change as a result of business drivers. One such driver, known as business exceptions, occurs when business shifts and new systems or processes are incorporated.