Creditors consider character, collateral and, capacity to be most important when judging a persons creditworthiness to buy a house or car.
Character - who you are as a person, honest, true, based on reports you are able and make payments on time.
Capacity - you're ability to make the payments and understand how to.
Collateral - what you own that they could take in a form of "payment" if you don't repay your loan.
Answer:
The right approach will be "Economic".
Explanation:
- Both of the economic conditions that shape the market as well as customer behavior are the emphasis or objective including its economic climate.
- These variables could be used to forecast the path during which the economy will change the potential for customer demand and the much-needed market pattern or study.
Answer : The amount needed to spend to save $170 is, $32.3
Explanation :
As we are given that an online buying club requires an annual fee of $170 and a 19% discount on purchases.
Now we have to determine the amount needed to spend to save $170.
As, for every $100 the discount will be = $19
So, for every $170 the discount will be = 
= $32.3
Thus, the amount needed to spend to save $170 is, $32.3
Answer:
<em>Warranty expense should be recorded in the period when the warranty service is performed.</em>
Explanation:
When the product is sold, a product guarantee liability and warranty cost should be reported if it is possible that consumers may make claims under the warranty and the amount can be calculated.
Those two provisions are part of the Financial Accounting Standards Statement No. 5 of the FASB, Accounting for Contingencies.
Answer:
The correct answer is letter "B": Centralization of authority.
Explanation:
Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.
