Keyword Analysis & Research: reserve


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Frequently Asked Questions

What is the purpose of reserves?

Reserves, in the world of business and finance, refers to ‘money in hand’ – money that is available to be used for a wide range of possibilities, including meeting future planned payments, unexpected events, emergencies, opportunities, etc.

What are some examples of when you would use reserves?

Reserves, in the world of business and finance, refers to ‘money in hand’ – money that is available to be used for a wide range of possibilities, including meeting future planned payments, unexpected events, emergencies, opportunities, etc.

What are the different types of reserves?

There are different types of reserves used in financial accounting like capital reserves, revenue reserves, statutory reserves, realized reserves, unrealized reserves. share premium - amount paid by shareholders for shares in excess of their nominal value.

How do you access reserves?

To enter into the reserves you must be a U.S. Citizen or resident alien, be 17-40 years of age, have a high school diploma, have no more than three dependents and pass entry testing. The Coast Guard reserve has five programs to assist with entering into as a reserve.


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