____________ Accounts Are Increasingly Used to Make Direct Deposits To

question 71

Multiple Choice

____________ accounts are increasingly used to make direct deposits to, and payments from, checkable deposit accounts.

• A)single balance
• B)money market
• C)automatic transfer service (ATS)
• D)capital market
• E)none of the above

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Definitions:

Return on Assets

A financial ratio that indicates the profitability of a company in relation to its total assets.

Return on Assets

Return on assets (ROA) is a financial ratio that indicates how profitable a company is relative to its total assets, calculated by dividing net income by total assets.

Multiple Step Income Statement

An income statement that separates operational revenues and expenses from non-operational ones to calculate net income.

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries have been made, used to prepare financial statements.