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4vir4ik [10]
3 years ago
8

Which of the following is not true of credit card

Business
2 answers:
patriot [66]3 years ago
8 0

Answer:

The false statement is letter "A":  they are the best payment type to use when trying to stick to budget.

Explanation:

Credit cards are payment devices given to people who have proved to maintain an optimal credit history. Though, banks and financial institutions give them to people to generate income through <em>interest rates</em>. If someone wants to keep their expenses under a budget, it is not convenient to use credit cards as methods of payments since it will increase the amount of money the cardholder must spend because of the interest rate.

grandymaker [24]3 years ago
7 0
. they are the best payment
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3 years ago
A savings account is useful for all of the following purposes EXCEPT…
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Answer:

The correct answer is letter "A": Putting aside money for retirement.

Explanation:

Savings accounts are those where individuals' can deposit money to profit from the annual interest banks and financial institutions provide. Retirement accounts, on the other hand, are those funded with money discounted from employees' paychecks and do not allow withdrawals unless there is a major qualifying event -<em>if the type of retirement account allows it</em>.

8 0
3 years ago
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Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b
Norma-Jean [14]

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Explanation:

The options to the question are:

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Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0
2 years ago
In an attempt to increase sales during a lagging economy, Macy's has increased its advertising and sales promotions for its curr
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Answer:

I don't know this assignment but ask your teacher or get tutor.

4 0
3 years ago
EB13.
Harman [31]

Answer:

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Credit property tax payable                              $  200

Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.

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(1.5 * 350 (machine hours))

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3 years ago
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