1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nekit [7.7K]
3 years ago
6

Which of the following statements is TRUE? (economics)

Business
1 answer:
Angelina_Jolie [31]3 years ago
6 0

Answer:

c

Explanation:

Banks are other lending entity's has access to a customer borrowing history. Through credit rating agencies, a bank can know whether a customer has a bad history in making loan repayments.

When a customer takes up a loan, banks share that information with a credit rating agency. The agency updated its records with the customer's national identity, such as the social security number. The banks keep on updating agencies on how each customer is meeting their obligation. Credit card payments are considered as loans.

Credit agencies rates each customer creditworthiness by assessing how they been repaying their debts. A higher credit score means the customer repays his loans promptly without missing installments. The information of each customer is available to all banks and lenders upon request.

You might be interested in
Tuscany Company estimated the following costs at the beginning of a particular year: Overhead $5,340,000 Direct labor cost $890,
solmaris [256]

Answer: $300,000

Explanation:

As overhead is applied on the basis of direct labor cost, the overhead rate for the period is:

= Overhead / Direct labor cost * 100%

= 5,340,000 / 890,000 * 100%

= 600%

If direct labor cost is $50,000 then overhead applied will be:

= Direct labor cost * Overhead rate

= 50,000 * 600%

= $300,000

7 0
3 years ago
Johan was a newly hired attorney for Crontel Manufacturing, Inc. Even though he reported directly to the president of the compan
pickupchik [31]

According to the information, Johan was beginning to recognize the informal organizational culture at Crontel Manufacturing.

<h3 /><h3>What is informal organizational culture?</h3>

It corresponds to the way in which organizational methods, regulations and practices are established in organizational routines, that is, in an informal culture, the roles and responsibilities of each position may be opposed to their formal distribution.

Therefore, the informal organization can be developed according to interpersonal relationships and activity patterns, which may or may not be reflected in the company's organizational chart.

Find out more about informal organization here:

brainly.com/question/1996110

6 0
2 years ago
Suppose a group of people read an article on capital punishment. Prior to reading the article, 60% of the members of the group w
Arturiano [62]

Answer:

According to studies of human decision-making, the most likely is:

c. After reading the article, all members of the group oppose capital punishment.

Explanation:

The article, provided for reading by supporters and opposers, will likely sway the 40% of the group, who are initially supportive of capital punishment, to now oppose capital punishment,especially if the article critically opposes capital punishment.  There is no way majority of the group will support capital punishment.  Therefore, options a and b are incorrect.  For option d, after reading the article, the opinions of some opposers and supporters may shift either way.  They will not remain the same as before.  This rules out option d, leaving only option c as the correct option.

7 0
3 years ago
"if both supply and demand decrease" simultaneously, the new equilibrium price is ___________ and the new equilibrium quantity i
lisabon 2012 [21]
The new equilibrium price is higher and the new equilibrium quantity is higher
4 0
3 years ago
A current emphasis in supply chain management is to make the process of ordering as simple as possible, often through electronic
Valentin [98]

Answer:

The correct answer is a. quick response and efficient consumer response delivery systems .

Explanation:

Rapid response systems, as the name implies, seeks to simplify the order process by making it as simple and fast as possible. This is of great importance to large store buyers who handle large volumes of inventory and require a quick response on availability and the time it would take for a new order to arrive to fill their shelves. Technology is important in this process because of its ability to generate data instantly, and because the transmission of information is done just a click away.

6 0
3 years ago
Other questions:
  • The number issued to physicians by the internal revenue service for income tax purposes is known as:
    9·1 answer
  • On September 30 of last year, Rex received some investment land from Holly as a gift. Holly’s adjusted basis was $50,000 and the
    6·1 answer
  • In facility location decision making matching the educational and skill levels of the labor pool to a company's needs is even mo
    15·1 answer
  • In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the n
    14·2 answers
  • Daniela is a member of a team at a company that handles promotions for minor-league baseball clubs. Daniela’s manager has been r
    7·1 answer
  • Duck, an accrual basis corporation, sponsored a rock concert on December 29, 2020. Gross receipts were $300,000. The following e
    7·1 answer
  • All of the following lead people to be credit constrained except a person's credit history. savings. collateral. banking regulat
    5·1 answer
  • Reconciliation of pretax accounting income and taxable income: Pretax accounting income $ 179,000 Permanent differences (16,100
    13·1 answer
  • Luker Corporation uses a process costing system. The company had $160,500 of beginning Finished Goods Inventory on October 1. It
    5·1 answer
  • a security analyst has identified malv/are spreading through the corporate network and has activated the csirt which of the foll
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!