All categories

2 years ago

The was established in 2010 as a result of the Dodd-Frank Act.

1 answer:

4 0

The agency that was established in 2010 by the Dodd-Frank Act is the Consumer Financial Protection Bureau (CFPB).

<h3>What is the role of the Consumer Financial Protection Bureau?</h3>

It's main purpose is to regulate the affairs of finance companies that offer products and services to consumers in the United States.

The Dodd-Frank Act in 2010 established this agency as one of the safeguards to ensure that the Great Recession of 2008/9 never happens again.

Find out more on the Consumer Financial Protection Bureau (CFPB) at brainly.com/question/13446888.

#SPJ1

You might be interested in

Assume a $1,000 Treasury inflation-protected bond has a 2 percent coupon and a face value at issuance of $1,000. The reference C

Oksana_A [137]

Answer:

The bond has a 2 percent coupon and a face value at issuance of $1000 which is the same with the Treasury inflation-protected bond. However, the reference Consumer Price Index (CPI) which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services has increased from 202.34 to 203.18. From this deduction, what I know for certain about this bond is that the interest payment have increased and the coupon rate is still 2 percent.

6 0

3 years ago

Which decision-making model would you use when your goals are unclear, there is time pressure, and you have experience with the

vaieri [72.5K]

Answer:

Intuition Decision Making model.

Explanation:

Intuition Decision Making model can be described as the process by which knowledge acquired through associated learning and stored in long-term memory is accessed unconsciously to form the basis of a judgment or decision.

When speed is essential to a successful outcome, intuition decision making model should be used because there will not be need for analytics, facts, and a step-by-step process to come to a decision.

4 0

3 years ago

In two to three sentences, describe the nonverbal communication in the photo below and whether it is effective or ineffective.

Rufina [12.5K]

Answer:

the nonverbal commuication being used in this photo is posture, facial expressions, and gestures. i guess you could say this is effective he looks like he would be speaking in a sturn tone of voice.

Explanation: can you answer some questions not answered on my account please

6 0

3 years ago

Identify which of the following statements is true.

JulijaS [17]

Answer:

Explanation:

Organizational expense amortized over fifteen years for purposes of determining taxable income results in an upper adjustment in the initial years to book income on the Schedule Minus−1 when the expense is being amortized over ten years for book income purposes.

4 0

3 years ago

River Falls Manufacturing uses a normal cost system and had the following data available for 2018: Direct materials purchased on

PtichkaEL [24]

Answer:

The ending balance of work-in-process inventory is $64,000

Explanation:

Opening Raw Material = $34,000

Opening WIP Inventory = $70,000

Opening Finished Goods Inventory = $55,000

Raw material purchased = $148,000

Raw materials requisitioned = $88,000

Closing Raw Material = Opening + Purchase - Requisitioned

= $34,000 + $148,000 - $88,000 = $94,000

Closing Finished Goods Inventory = Opening + Cost of goods produced - Cost of goods sold

= $55,000 + $299,000 - $250,000 = $104,000

Expense total incurred on goods entered for production = Material requisitioned + Labor cost incurred + Factory overhead

= $88,000 + $127,000 + $148,000 = $363,000

Out of which cost of completed goods = $299,000

Thus remaining is work in process = $363,000 - $299,000 = $64,000

That is Closing WIP Inventory = $64,000

Note: It is obvious that the expense of labor and overheads incurred in this period includes expense incurred to convert opening WIP in to finished goods and the balance is closing WIP.

The ending balance of work-in-process inventory is $64,000

5 0

3 years ago