Suppose you are working in a bank that encourages customers to save money for their future. Your bank
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- Where should you go to set up a new bank feed or link to a bank account in a client's QuickBooks Online company? A. Expenses Center B. Accounting Center C. Sales Center D. Banking CenterLook at these two sentences about Undeposited Funds in QBO: By posting to Undeposited Funds, you can create a single bank deposit for multiple payments, making it easy ___________. When receiving a payment, make sure _________________. Which option correctly fills in these two sentences?1. To match your bank register with your bank statement; 2. the Deposit to account is Checking2. To match your bank register with your bank statement; 2. the Deposit to account is Uncategorized Funds3. To match your expenses with your bank statement; 2. the Deposit to account is Uncategorized asset4. To match your bank register with your bank statement; 2. the Deposit to account is Undeposited FundsYour friend Binna has a money market mutual fund account, automatic deposit of her paycheck into an interest-bearing checking account at the company credit union, and a CD from the local branch of a bank that advertises "coast-to-coast" banking. What is the benefit of "mixing and matching" financial institutions and their services? Question content area bottom Part 1 What is the benefit of "mixing and matching" financial institutions and their services? (Choose all that apply.) A. Increasing the flexibility of managing funds. B. Increasing risk due to increased investments. C. Minimizing service charges and other fees. D. Maximizing the returns and features from combined accounts.
- research two local banks in your area and compare/contrast one service that they offer. For example you may want to look at the type of checking accounts offered and compare the features between these; What are the interest rates offered? How many withdrawls are you allowed? What fees are associated with the account ? Do they offer a budgeting app, online banking etc? You could do this for savings accounts, buisness accounts, etc. Discuss what features you find most important, and which bank you would choose based on your research.Your friend Binna has a money market mutual fund account, automatic deposit of her paycheck into an interest-bearing checking account at the company credit union, and a CD from the local branch of a bank that advertises "coast-to-coast" banking. What is the benefit of "mixing and matching" financial institutions and their services?Suppose you are a new entrepreneur.To conduct your financial transaction you are looking for a bank that will assist you in running your venture.Now select the basis of choosing a bank for your Business transaction.
- Look at these two sentences about Undeposited Funds: By posting to Undeposited Funds, you can create a single bank deposit for multiple payments, making it easy ___________.When receiving a payment, make sure _________________. Which option correctly fills in these two sentences?1. To match your bank register with your bank statement; 2. the Deposit to account is Checking2. To match your bank register with your bank statement; 2. the Deposit to account is Uncategorized Funds3. To match your expenses with your bank statement; 2. the Deposit to account is Uncategorized asset4. To match your bank register with your bank statement; 2. the Deposit to account is Undeposited FundsCan you assist in giving a short pointer and summary from below paragraph Covid-19 has had devastating effects on millions of lives. People have lost jobs, businesses and suffered significant setbacks in their careers and financial goals. Many are worried about their finances and must make smarter financial decisions going forward. It will be beneficial to banks to offer money management services, not only to their customers but to the general public as well. Capital One has already taken on the initiative, providing a money management page on their website geared towards individuals and businesses. More can be done by creating money management apps that can help with budgeting, tracking spending and gaining professional consultations, if necessary, all in one place.According to Bob Neuhaus, vice president of financial services intelligence at J.D. Power, great financial advice is a key differentiator for retail banks at a critical moment in time. If customers are financially…Choosing a new bank. Youre getting married and believe your present bank is not a good fit. Discuss how you should go about choosing a new bank and opening an account. Consider the factors that are important to you in selecting a banksuch as the type and ownership of new accounts and bank fees and charges.