For example, objectives, policies, strategies, rules, procedures etc., are standing plans because once formulated, they will be used for a long period and repeatedly. On the other hand, programmes and budgets are single use plans because once these are achieved, these are to be formulated again.
Q. Which type of account offers the highest rate of interest quizlet?
Money market accounts are like high-yield accounts. They offer a higher rate of interest, but you must start with a large deposit and there are restrictions on how often you can withdraw money.
Table of Contents
- Q. Which type of account offers the highest rate of interest quizlet?
- Q. When a plan is drawn up for spending funds How is it available to <UNK> A Fundb return budgeted blueprint Please select the best answer from the choices provided ABCD?
- Q. What are the types of single use plan?
- Q. What is the difference between single-use plan and standing plan?
- Q. Which is not the correct type of plan?
- Q. Which type of account has the highest interest rate?
- Q. Why would you put money in a savings account quizlet?
- Q. Why would u put money into a savings account?
- Q. Why is a savings account considered a low risk savings option?
- Q. What is the safest low risk type of investment account?
Q. When a plan is drawn up for spending funds How is it available to <UNK> A Fundb return budgeted blueprint Please select the best answer from the choices provided ABCD?
budget D. blueprint. When a plan is drawn up for how to spend available funds it is called a budget. When a plan is drawn up for how to spend available funds it is called a budget.
Q. What are the types of single use plan?
Single-use plans are developed for unique situations or problems and are usually replaced after one use. Managers generally use three types of single-use plans: programs, projects, and budgets.
Q. What is the difference between single-use plan and standing plan?
Difference Between Single-Use Plan and Standing Plan: Single-use plans are for a shorter period and are repeatedly worked out in case of need. Standing Plans are formulated for a longer period. Single-use plans are based on the standing plan of an organization. These plans advise in the matters of daily routine.
Q. Which is not the correct type of plan?
Operational Plan. …
Q. Which type of account has the highest interest rate?
savings accounts
Q. Why would you put money in a savings account quizlet?
Savings accounts offer easy access to your money in the event of an emergency, while your money is in a savings account, it can earn interest, allowing your money to grow, and finally keeping your money in a savings account means that your money is safe.
Q. Why would u put money into a savings account?
Putting money aside for a major purchase, like a house or car, in a high-yield savings account means you earn interest on your large balance, helping it grow even faster. Separating your money into savings accounts can help you to avoid accidental or easy spending and to save for financial goals.
Q. Why is a savings account considered a low risk savings option?
A savings account at your bank or credit union is low risk. Your account value is not going to fluctuate. Yet, you can lose money in a slow and steady way—similar to how erosion works. If your savings account is paying you 1%, and inflation is 3%, you are losing 2% a year in purchasing power.
Q. What is the safest low risk type of investment account?
Overview: Best low-risk investments in 2021
- High-yield savings accounts. While not technically an investment, savings accounts offer a modest return on your money.
- Savings bonds.
- Certificates of deposit.
- Money market funds.
- Treasury bills, notes, bonds and TIPS.
- Corporate bonds.
- Dividend-paying stocks.
- Preferred stocks.
