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
VLD [36.1K]
4 years ago
7

Jerry's job includes many credit activities. He is responsible for collecting and processing loan payments, answering questions

from potential applicants, taking loan applications, determining credit evaluation criteria, and developing marketing materials. Which option correctly lists a responsibility of Jerry's job that is covered under ECOA?
A. Answering questions from potential applicants
B. Filing currency transaction reports
C. Processing loan payments
D. Determining lunch hours
Business
1 answer:
jonny [76]4 years ago
4 0

Answer:

C. Processing loan payments

Explanation:

(ECOA )is an abbreviation of Equal Credit Opportunity Act. The law prohibits any form of credit discrimination to any applicant, be it racial, color, age, or any other.

Jerry's job description matches that of an offer working in a credit department. His duties revolve around assisting customers with loan applications and processing. His role is covered under ECOA. Jerry must give each applicant an equal opportunity to access credit.

You might be interested in
Question 10 (5 points)
Nostrana [21]

Answer:

Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks

Explanation:

4 0
3 years ago
Which of the following is a false statement?
astraxan [27]

D) All states have a flat state tax.

8 0
3 years ago
4. Firm E must choose between two alternative transactions. Transaction 1 requires a cash outlay of $9,000; this expense would b
Pie

Answer:

a. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 20%)

= $10,800

b. Transaction 1

It is not deductible so the Taxable income is $9,000

Transaction 2

It is deductible, taxable income would be;

= 13,500 * ( 1 - Tax)

= 13,500 * ( 1 - 40%)

= $8,100

8 0
3 years ago
Herzberg's motivational factors and Maslow's esteem and self-actualization needs are similar. Explain how organizations can meet
Taya2010 [7]

Answer:

Organizations can meet the human needs identified by Maslow by studying and implementing the motivational factors specified by Herzberg.

The similarity of Herzberg's motivational factors and Maslow's esteem and self-actualization needs is addressed by the following questions: "What do people really want from their work?"  "How do organizations go about meeting these needs or ensuring that the needs are met?"

The answer is in the awareness of what workers want from the work they carry out for organizations.  As Maslow stated, people generally have five human needs: physiological needs, safety needs, social belonging, self-esteem, and self-actualization (later described as  transcendence).   It is only when the basic needs (physiological needs, safety needs, and social belonging and love needs) are satisfied  in that order, that workers would seek self-esteem and self-actualization or transcendence.  It is also at this level of seeking self-esteem and self-actualization that organizations would derive the greatest benefits from their workers.  It then behoves organizations to ensure that the basic needs are not denied, but to push forward to help their workers attain self-esteem and self-actualization.

Herzberg's motivational factors show that it is the responsibility of organizations to ensure that their workers achieve a sense of achievement in the work they do.  They should also be recognized for doing good jobs.  The nature of the work should be such that it does not demean the worker.  There should be dignity of labor.  Workers achieve more when they are made responsible for the outcome of their work.   Being assigned responsibilities help them to advance and and grow.  Organizations also need to manage well the extrinsic job elements that Herzberg identified as "hygiene factors," which concentrate on the work environment.

Explanation:

a) Frederick Herzberg identified certain job factors that bring about employee job satisfaction whereas others can create job dissatisfaction. According to Herzberg, "motivating factors (also called satisfiers) are primarily intrinsic job elements that lead to satisfaction, such as achievement, recognition, the (nature of) work itself, responsibility, advancement, and growth."  The dissatisfiers, on the other hand, he called "hygiene factors."   They are "extrinsic elements of the work environment such as company policy, relationships with supervisors, working conditions, relationships with peers and subordinates, salary and benefits, and job security, which can result in job dissatisfaction if not well managed."  An interesting result of Herzberg’s studies was that "the opposite of satisfaction is not dissatisfaction."  Herzberg's studies established that proper management of hygiene factors could prevent employee dissatisfaction, but that these factors could not serve as a source of satisfaction or motivation.  The summary is that motivational factors are quite distinct from hygiene factors.

b) Maslow identified the following hierarchy of human needs: physiological needs, safety needs, social belonging, self-esteem, and self-actualization (later described as  transcendence).  The hierarchy of needs, according to Maslow, show how humans essentially partake in behavioral motivation.   The summary of Maslow's hierarchy of human needs is that "people are motivated to fulfill basic needs before moving on to other, more advanced needs."

8 0
3 years ago
Democratic leadership is characteristics by........
Alex787 [66]

Answer:

B. is a democratic leadership

3 0
3 years ago
Other questions:
  • Brazen Inc. sells bonds with a face value of $1,000,000 and a contractual interest rate of 10% for $1,200,000. The bonds will ma
    6·1 answer
  • Households and firms with savings lend money to banks and other financial institutions. The credit supply curve shows the relati
    14·1 answer
  • Michael dell warned companies to be careful about the way they interpret data from the​ ________. the sales numbers might reflec
    14·1 answer
  • Which is a step in the research process?
    10·1 answer
  • Although Tracith is one of the best supermarkets in the coastal town of Dawntonia, it fails to retain customers. To solve this p
    11·1 answer
  • An adjusted trial balance:Is a list of all accounts and their balances after adjusting entries.Is a list of all accounts and the
    6·1 answer
  • Which of the following are true about cost behavior within a particular relevant range? (Check all that apply.) Fixed costs per
    10·1 answer
  • Customers' perceptions of a product are called the product's _____.
    13·2 answers
  • For a given significance level, if the calculated value of the Durbin Watson statistic lies between the lower critical value and
    14·1 answer
  • Consumer surplus is the difference between the ___ price a consumer is willing to pay for a product and the price paid.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!