The act placing a fraud alert is an effective way of dealing with inaccuracies in a credit report because its encourages the lenders and creditors to take an extra steps to verify the credit-account holder before issuing credit.
<h3>What do we know as credit report?</h3>
Basically, a typical credit report refers to a statement that has important information about your credit activity and & credit situation such as loan paying history and the status of your credit accounts. Most people in the United States have more than one credit report
The purpose of placing fraud alerts on credit reports is explained as follows. When a fraud alert is placed, its can make it harder for someone to open unauthorized accounts in your name. Also, the action also encourages or requires lenders and creditors to take extra steps to verify your identity such as contacting one by phone before opening a new credit account in your name or making changes to existing accounts.
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<span>With just in time production, these raw materials and component parts are now delivered to the producer exactly when they are needed.
Just-in-time (JIT) production is strategy used in manufacturing and production that focuses</span> to increase the production efficiency and decrease waste and <span>reduce inventory costs.</span>
Answer:
Total cost of purchase= $3,995
Explanation:
<u>To calculate the total cost of merchandise purchased, we need to use the following structure:</u>
Invoice cost of merchandise purchase
Less:
Purchase discount
Returns and allowances
Add:
Transportation costs
<u>In this case:</u>
Invoice cost of merchandise purchase= 4,000
Purchase discount= (4,000*0.02)= (80)
Returns and allowances= (275)
Transportation costs= 350
Total cost of purchase= $3,995
Answer:
Mr. Jackson will need to bring a check to closing in the amount of $14,470
Explanation:
The computation of the closing amount is shown below:
= Down payment + title insurance + recording fees + tax proportion fee - = earned money deposit
where,
Down payment = Purchase cost × remaining percentage (100% - 80%)
= $90,000 × 20%
= $18,000
The other values remain same
So, the value would equal to
= $18,000 + $250 + $60 + $430 - $4,000
= $14,470
What does the consumer price index measure? B. the change in prices of specific goods and services over time. The consumer price index is also know as the CPI when reffering to this calculation. The CPI measures the weighted items of specific consumer goods and services by averaging them overtime. The CPI allows for comparison of the same products that consumers use on a daily basis and see how much they are using each year. This lets us know how the economy is doing as it relates to inflation. Inflation is the increase in prices and decline of the purchasing value of money in an economy.
