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stepladder [879]
3 years ago
15

Jim is a college senior with $50,000 in student loans. he earned $2,000 last year. he has no savings so he charged a $5,000 vaca

tion on his credit card. how would you characterize jim's use of credit?
Business
1 answer:
laiz [17]3 years ago
5 0
<span>It is irresponsible use of credit because his current income is too low. Hope I helped!</span>
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Imagine you have spent a year searching for a job and have become discouraged. In the last six weeks, you have not looked for wo
KIM [24]

Answer:

Falls or goes down.

Explanation:

In this scenario, we would imagine you have spent a year searching for a job and have become discouraged. Hence, in the last six (6) weeks, you have not looked for work. When numerous people are in the same situation as you, all else being equal, the unemployment rate falls or goes down.

The unemployment rate is directly proportional to the number of people seeking or looking for employment at a particular period of time. A rise in the level of unemployment is as a result of an increase in the number of people seeking employment, thus, unemployment rates rise as the number of applicants increases. Consequently, if people become discouraged from searching for a job, then the unemployment rate would fall since no applications are being submitted.

<em>In a nutshell, a decrease in the number of people seeking employment in a country causes the unemployment rate to fall or decline and vice-versa. </em>

7 0
3 years ago
A higher level manager needs soft skills<br>​
kifflom [539]

Explanation:

While there are literally dozens of soft skills that comprise a great manager, communication, leadership, delegation and trustworthiness are some of the most important qualities.

Communication. ...

Leadership. ...

Listening. ...

Delegation. ...

Critical Thinking. ...

Trustworthiness. ...

Networking. ...

Employee Recognition.

7 0
3 years ago
conduct an internet search to locate a copy of the sarbanes oxley act of 2002. read and sumarize the requirements of section 302
marta [7]

Answer:

Sarbanes Oxley act of 2002 is law of United States passed on 30th July 2002. This act helps to protect investor from fraudulent financial reporting by organizations. The act requires all companies to include report on their internal controls in the Financial reports.  

Explanation:

The section 302 of the act directs the Securities and Exchange Commission to adopt rules to adopt financial officer who certify company's annual, interim and quarterly financial reports. The main purpose is to minimize any chance of intentional frauds or deceive investors. The officers review financial reports of the company and certify that these reports does not cover any significant wrong statement, Financial statements of the company are fairly presented based on the knowledge of the officer. He is also responsible to review the report of internal controls of the company to ensure that there is no weakness in controls which can lead to frauds in the organization.

8 0
3 years ago
An investment adviser would be considered to have custody of client funds if it:___.
Nutka1998 [239]

However, if you instruct a custodian or third party to transfer the money and you hold a check made by the client and payable to the advisor, the advisor will keep the client's money.

SEC-registered investment advisors who hold client funds or securities in custody are required to protect those funds under the SEC's custody rules. Custody Rules provide investors with additional protection against theft or embezzlement by investment advisors,

Managers of private equity funds and other private investment funds registered as investment advisers with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940 (the Advisers Act) are subject to regulation 206(4). -2 must be adhered to. custody rules.

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7 0
1 year ago
The management of money and interest rates is called ________ policy and is conducted by a nation's ________ bank.
Anna007 [38]

The management of money and interest rates is called monetary policy and is conducted by a nation's central bank.

Interest is the amount paid by the borrower or deposit-taking financial institution to the lender or depositor in excess of the repayment of the principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party.

Interest is the price you pay to borrow money or the cost you charge to borrow money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, your bank will pay you interest.

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5 0
2 years ago
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