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The accumulation of funds over time where previous interest earned remains in the account to earn additional interest is called?
compounding interest.... i think
Does gfebs supports funds control with a 24-hour delay?
Yes, GFEBs (General Fund Enterprise Business System) supports funds control, but there can be a 24-hour delay in the availability of funds data due to processing times. This delay may affect real-time decision-making for financial transactions. Users should account for this lag when planning budgetary actions or financial reporting.
What is independent subtreasury?
The independent subtreasury refers to a financial system or institution that operates separately from the central banking system, managing its own funds and resources. This model allows for greater autonomy in fiscal policy and financial management, often aimed at reducing reliance on traditional banking systems. In the context of U.S. history, the term is notably associated with the 19th-century proposal by the Democratic Party to establish a system for managing government funds independently of private banks. This approach was intended to promote economic stability and reduce the influence of commercial banks on government finances.
What is eftpos function?
EFTPOS (Electronic Funds Transfer at Point Of Sale) is a payment system that allows customers to make electronic payments using their debit or credit cards at retail locations. It facilitates real-time transactions by connecting point-of-sale terminals to the customer's bank, enabling direct transfer of funds. This system enhances transaction speed and security, providing a convenient alternative to cash payments. Additionally, EFTPOS can support various payment methods, including contactless and mobile payments.
What is cft?
Credit Funds Transfer
Who will issue funds to bases using automated funds management system?
MAJCOMs
Who issues funds to bases using automated funds management system?
MAJCOMS
Who issues funds to the bases using automated funds management system?
MAJCOMS
Who will issue funds to the bases using the Automated Funds Management system?
MAJCOMs
Who issues the funds to bases using the automated funds management system?
MAJCOMS
Who issue funds to the base using automated funds management system?
MAJCOMs
What does the fractional banking system dodo?
The fractional banking system allows banks to hold only a fraction of their deposits in reserve while lending out the remainder. This practice enables banks to create money through loans, stimulating economic activity by increasing the money supply. However, it also means that banks are susceptible to runs if too many depositors withdraw their funds simultaneously, as they do not have enough liquid reserves to cover all deposits. Overall, this system plays a crucial role in modern economies by facilitating credit and liquidity.
What are Aggressive growth funds also called?
Aggressive growth funds are also known as capital appreciation funds
Funds or property that have value in meeting debts are called?
Funds or property that have value in meeting debts are called collateral. A+ answer- assets
Will issue funds to the bases using Automated Funds Management system?
Major Commands (MAJCOMs)
Who issues funds to the air force bases using automated funds management system?
MAJCOMs
What must happen under a fractional reserve banking system?
Under a fractional reserve banking system, banks are required to keep only a fraction of their deposits in reserve and can lend out the remainder. This process allows banks to create money through lending, as the loans made can be deposited and re-lent, effectively multiplying the money supply. However, this system also requires that banks maintain sufficient reserves to meet withdrawal demands from depositors. If too many depositors withdraw funds simultaneously, it can lead to a liquidity crisis or bank run.
