Explain the relationship between a payor bank and its customers.

Q: What is a bank account?

A: The  bank account means a financial account which is maintained by a bank on behalf of its…

Q: What are the bank’s total risk-weighted assets

A: Risk weighted Assets- Meaning To ascertain the minimum  capital that must be held by banks and…

Q: central

A: Introduction: Central banks are banks with authority to take care of the monetary or currency policy…

Q: How might clustering be used to describe customers who owe money (accounts receivable)

A: Accounts Receivable account shows the list of customers of the business who have amount due to the…

Q: Recognize the link between money and credit? Explain

A: Money is defined as the financial medium used to facilitate transactions between parties. Money…

Q: Customers' current ac bank.

A: Liabilities are accumulated financial obligations that result from past events that are expected to…

Q: Explain the steps of bank reconciliation in Accounting.

A: A statement that is prepared to identify the reasons for the difference and to reconcile the…

Q: Describe what is meant by a cutoff bank statement and state itspurpose.

A: Cutoff Bank Statement: A complete bank statement that includes list of all paid checks and deposit…

Q: Element of banking

A: The answer for the theory question on element of banking is discussed hereunder :

Q: Which one of the following will verify the documents and decide on their payability? Select one: A.…

A: Any agreement of consignment of goods through shipping or sale of goods through shipping has…

Q: Describe the components of the balance sheet of a central bank? Example?

A: Balance sheet depicts the financial position of the bank, company or business. Balance sheet of…

Q: Define commercial bank

A: Commercial bank It is a sort of financial institution that acknowledges deposits, gives account…

Q: Bank loans often are arranged under existing lines of credit. What is a line of credit? How does a…

A:

Q: What is the DEAR of the bank's

A: DEAR(Daily Earning at Risk) measures the potential loss in portfolio's value over a one-day period…

Q: What are some of the assets and liabilities associated with credit cards?

A: Introduction: A credit card can be defined as a small piece of card which is offered by banks or any…

Q: e bank reconciliation

A: Bank reconciliation statement is an important part of accounting to reconcile the differences…

Q: WHAT ARE THE TYPES OF BANK MANAGEMENT?

A: Bank management is used to govern the different concerns that are associated with the bank to…

Q: What is a bank reconciliation statement and how does it work?

A: Bank reconciliation is also known as a passbook. A bank reconciliation statement is a book that…

Q: What is bank reconciwhliation

A: Bank Reconciliation Statement:  Bank statement is generally provided by the bank. Apart from bank…

Q: Determine the process to create an bank account?

A: The bank is the financial institution which accepts deposits from the customer and provides credit.…

Q: Define Bank Statement

A:

Q: .Which of the following transactions affects the total value of liabilities of a firm? Goods…

A: Solution: Transaction that affect total value of liabilities of a firm, is the transaction that…

Q: Discuss what is a bank statement.

A: Bank is a financial institution which performs various functions for its customers like providing…

Q: Which of the following is a non-depository financial institution? savings bank commercial bank…

A: Financial market consists of many types of financial institutes. There are two types of financial…

Q: deposit function, the bank is the _____ and the depositors are the ______ a. drawee - payees b.…

A: Banks do many function for customers and the one of the main function is the deposits made by the…

Q: What are the four major categories of assets on a commercial bank’s balance sheet and income…

A: Commercial banks: It is the financial institution that accepts deposits from the public and gives…

Q: i need an essay for bank sector in expenditure сycle

A: Expenditure cycle includes the stages performed when goods and services are acquired. The main…

Q: List three components or purposes of bank regulation?

A: Banks are regulated by the regulatory authorities because there need to be an appropriate degree of…

Q: What is bank statement

A: The commercial banks issue a statement to the customers which shows the activities for the…

Q: What is a bank reconciliation?

A: The statement of Bank reconciliation is a report that matches the money balance on an organization's…

Q: Banking relates Banks provides The Banks heln

A: Explanation : The fact that banks are the backbone of every economy and provide high level of…

Q: Describe how a bank might use standards.

A: Standards are a set of the parameter for any process which is used to run the businesses. It is main…

Q: What kinds  of fees and penalties can be levied on savings accounts?

A: Bank: It is a financial institution that accept deposits from and provide loan to public. This…

Q: List the ways in whichbanks deal with creditrisk

A: Credit risk in terms of banking industry refers to the risk exposure a bank faces when the borrower…

Q: Discuss the different types of banks deposits in respect to features, interest, cost, withdrawals,…

A: The question is based on the concept of different accounts offered by a bank. Bank accepts deposits…

Q: Describe the structure of a bank accepted bill/ bank endorsed bill/bill of exchange. In your…

A: Answer:-  Bill of exchange definition:- A bill of exchange can be defined as a written order that…

Q: Identify and explain the duties of collecting banks.

A: Collecting bank: Collecting banks are defined as those banks which collects money in favor of its…

Q: What is the importance of assessing the earnings quality of a bank? In doing the assessment, what…

A: The capacity of reported profits (income) to anticipate a company's future profitability is referred…

Q: 1. What is a Central Bank Balance Sheet?

A: Balance Sheet:   It is a financial statement prepared by an organization at the end of the trading…

Q: Discuss the three forms of bank reconciliation.

A: The bank reconciliation statement is prepared to equate the balances of cash book and passbook with…

Q: What does an increasing collection period for accounts receivable suggest about a firm's credit…

A: The credit policy of a firm means the policies and conditions attached to lending goods and services…