Description : Credit card with the best cash back?
Last Answer : I have a great citi card that gives me up to $300 back on any purchases. low interest rate too.
Description : Is Cash back a credit card perk?
Last Answer : Yes.
Description : I already have a checking account. What are your credit card options Do you have one with cash back?
Last Answer : American Express has a great credit card that gives 5 percent cash back on purchases.
Description : What are the benefits of having a cash back credit card?
Last Answer : There are many benefits to having a cash back credit card because mainly, you get cash back through making purchases with your credit cards. The APR rates are about the same, but they are better to have than regular credit cards because they save you money and have low interest rates too.
Description : What happens if you don't have cash to pay for a taxi ride , but the credit card machine is not charged?
Last Answer : Most likely the driver would insist on getting the cash. So he’d probably offer to take you to the nearest ATM to withdraw it. Just my guess though. I’ve never been in that situation before (despite having to take some pretty expensive cab rides).
Description : What's better when traveling, use your credit card to get cash or use your bank debit card?
Last Answer : I would guess that withdrawing cash from an ATM is cheaper using a debit card than a credit card as the credit card company nomally charge you a fee on top of the higher rate of interest.
Description : Do you need to have good credit to participate in the "Cash for clunkers" program?
Last Answer : Not for the program. You just need good credit to get a loan on the new car. If you can pay cash you are fine.
Description : Do taxis in Hampton Roads take cash if you don't have a credit card?
Last Answer : By inference (some say they accept most major credit cards), you can pay cash.
Description : If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation? -General Knowledge
Last Answer : The answer is 'Increase'
Description : If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation? -Do You Know?
Last Answer : answer:
Description : (i) Excess of a total of debit side over a total of credit side of Cash Book, Bank column.
Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Excess of a ... balance of the bank column of the Cash Book.
Description : What does the credit balance of Cash Book indicate?
Last Answer : What does the credit balance of Cash Book indicate?
Description : Credit sale of goods recorded in cash book receipts side.
Last Answer : Correct the following sentences and rewrite them same : (i) Credit sale of goods recorded in ... The dividend received is a loss for the business
Description : Explain the following concept: Cash Credit
Last Answer : Explain the following concept: Cash Credit
Description : In credit transactions, goods or services are purchased for cash only
Last Answer : State whether the following statement are true or false with reason : In credit transactions, goods or services are purchased for cash only
Description : i. Saving Deposit, Recurring Deposit, Cash Credit. Fixed Deposit ii. Overdraft, Fixed Deposit, Discounting of Bills, Cash Credit
Last Answer : Find the odd one: i. Saving Deposit, Recurring Deposit, Cash Credit. Fixed Deposit ii. Overdraft, Fixed Deposit, Discounting of Bills, Cash Credit
Description : (i) System in which entry is recorded for cash as well as credit transactions.
Last Answer : Give the word term or phrase which can substitute each of the following statement : (i) ... of goods or services for immediate cash payment.
Description : Would people get better deals at car dealerships if they paid cash for their car purchases instead of using credit?
Last Answer : You can negoitate a better rate if you use cash than credit. Dealers like cash.
Description : How To Choose Between Using Cash Or Credit To Buy A Car?
Last Answer : After you spend your time picking out the right make, model, color and add-ons for your new car you can start spending time on perhaps the more important factor of the transaction †how to pay ... discipline to save that money but it can pay off with thousands of dollars saved in the long run.
Description : Do Credit Cards With Best Rewards Programs Offer Cash Rewards?
Last Answer : There are many different credit card commercials on TV that tout rewards programs. It seems as though each credit card promises to give you the best rewards program possible. Some offer double points on your ... best for you, be sure to read the fine print and compare all of the options available.
Description : Fastest and easiest personal loans with no credit check and guaranteed lowest rates on no credit check loans. Fast cash loan today in one hour or less.?
Last Answer : Online there are many places to find a fast cash loan that also can be very reliable and trustworthy. Also if you are signed up with banks that have online loans it can be quick as a whistle and you can be off to wherever you need to go with a loan.
Description : Where can I find a cash loan lender even if I have bad credit?
Last Answer : If you need a few hundred dollars you can get a payday loan. There are several cash advance establishments that you can go to and get the loan, even with bad credit.
Description : Are there any places that offer cash loans for people with bad credit?
Last Answer : There are places one can go to get cash loans if one has bad credit, loan sharks are an option. These alternative lending places are dangerous and not a good choice.
Description : Which one of the following transactions changes the current ratio ? (A) Purchase of goods for cash (B) Plant acquired on account (C) Sold goods on credit (D) Debentures converted into equity capital
Last Answer : Answer: Plant acquired on account
Description : "Smart Money" term is used for - (1) Credit Card (2) Internet Banking (3) eBanking (4) Cash with Public
Last Answer : (1) Credit Card Explanation: Credit cards are sometimes considered as smart money since they enable transactions without the need for physical cash and that, too, in a convenient manner. It ... pure economic terms, Smart Money refers to investments made by people experienced in matters of finance.
Description : What does ECS in banking transactions stand for? (1) Excess Credit Supervisor (2) Extra Cash Status (3) Exchange Clearing Standard (4) Electronic Clearing Service
Last Answer : (4) Electronic Clearing Service Explanation: Electronic Clearing Service is a mode of electronic funds transfer from one bank account to another bank account using the services of a Clearing ... tax, etc or for loan installments of financial institutions/banks or regular investments of persons.
Description : A commercial bank law creates credit only if it has - (1) Cash in the vault (2) Excess reserves (3) Permission of Reserve Bank of India (4) (4) Cooperation of other banks
Last Answer : (1) Cash in the vault Explanation: A commercial bank is a profitseeking business, dealing in money and credit. It is a financial institution dealing in money in the sense that it accepts deposits of ... received as the deposits to needy people. So it creates credit from the cash deposits with it.
Description : ___________ is basically charged when a person uses a credit card to obtain cash. A. Early Repayment Charge B. Redemption Fee C. Transaction Fee D. Cash Advance Fee
Last Answer : D. Cash Advance Fee Explanation: A cash advance fee is a charge that a credit card issuer charges a customer for accessing the cash credit line on his or her account, either through an ATM, convenience check or at a bank‘s teller window.
Description : Identify which technique will not help a company to optimise its working capital cycle. A. Offering discounts for early payment by debtors B. Using cash management models to optimise the level of ... order quantity model to stock management E. Adopting the use of just-in-time stock management
Last Answer : B. Using cash management models to optimise the level of cash held
Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C
Last Answer : d) Either B or C
Description : Which one is not online payment mode? a) Cash on delivery b) Debit card c) Credit card d) E-cheque
Last Answer : d) E-cheque
Description : Which one is also known as plastic money? a) Credit card b) Debit card c) Paper cash d) All of the above
Last Answer : a) Credit card
Description : Without which of the following a bank cannot survive 1. Cash 2. Computers 3. Customers 4. Credit 5. Competitors
Last Answer : Customer
Description : A cash-and-carry wholesaler would be expected to 1. provide transportation 2. handle high turnover products 3. provide credit 4. carry a wide variety of products 5. provide a wide range of services
Last Answer : handle high turnover products
Description : A sales discount does not a. provide the purchaser with a cash saving. b. reduce the amount of cash received from a credit sale. c. increase a contra-revenue account. d. increase an operating expense account.
Last Answer : d. increase an operating expense account.
Description : The Sales Returns and Allowances account does not provide information to management about a. possible inferior merchandise. b. the percentage of credit sales versus cash sales. c. inefficiencies in filling orders. d. errors in overbilling customers.
Last Answer : b. the percentage of credit sales versus cash sales.
Description : A credit memorandum is used as documentation for a journal entry that requires a debit to a. Sales and a credit to Cash. b. Sales Returns and Allowances and a credit to Accounts Receivable. c. ... and a credit to a contra-revenue account. d. Cash and a credit to Sales Returns and Allowances.
Last Answer : d. Cash and a credit to Sales Returns and Allowances.
Description : he journal entry to record a credit sale is a. Cash Sales b. Cash Service Revenue c. Accounts Receivable Service Revenue d. Accounts Receivable Sales
Last Answer : d. Accounts Receivable Sales
Description : Sales revenue a. may be recorded before cash is collected. b. will always equal cash collections in a month. c. only results from credit sales. d. is only recorded after cash is collected.
Last Answer : a. may be recorded before cash is collected.
Description : Sales revenues are usually considered earned when a. cash is received from credit sales. b. an order is received. c. goods have been transferred from the seller to the buyer. d. adjusting entries are made.
Last Answer : d. adjusting entries are made.
Description : In a perpetual inventory system, the Cost of Goods Sold account is used a. only when a cash sale of merchandise occurs. b. only when a credit sale of merchandise occurs. c. only when a sale of merchandise occurs. d. whenever there is a sale of merchandise or a return of merchandise sold.
Last Answer : b. only when a credit sale of merchandise occurs.
Description : The collection of a $600 account within the 2 percent discount period will result in a a. debit to Sales Discounts for $12. b. debit to Accounts Receivable for $588. c. credit to Cash for $588. d. credit to Accounts Receivable for $588.
Last Answer : a. debit to Sales Discounts for $12.
Description : The entry to record the receipt of payment within the discount period on a sale of $750 with terms of 2/10, n/30 will include a credit to a. Sales Discounts for $15. b. Cash for $735. c. Accounts Receivable for $750. d. Sales for $750.
Last Answer : c. Accounts Receivable for $750.
Description : If a company is given credit terms of 2/10, n/30, it should a. hold off paying the bill until the end of the credit period, while investing the money at 10% annual interest during ... desperate for cash and withhold payment until the end of the credit period while negotiating a lower sales price.
Last Answer : b. pay within the discount period and recognize a savings.
Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.
Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.
Description : Lowering the automation level will result in a. receiving a cash payment of $4 per unit of capacity. b. a tax credit. c. a charge. d. immediate changes to production lines. e. none of the above.
Last Answer : c. a charge.
Description : BDL Ltd. is currently preparing its cash budget for the year to 31 March 2014. An extract from its sales budget for the same year shows the following sales values. Rs March 60,000 April 70,000 May 55,000 June 65,000 40% ... 2013 is (a) Rs 60,532 (b) Rs 61,120 (c) Rs 66,532 (d) Rs 86,620
Last Answer : (a) Rs 60,532
Description : Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)
Last Answer : c) revolving credit)