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3 years ago

Which behaviors might lead someone to have a low credit score?

2 answers:

8 0

IF they spend more than they can afford

If they cannot pay back their loans at all

If they cannot pay back their loans on time

hope this helps

Scrat [10]3 years ago

3 0

If they spend more than what they have
When one cancels their credit card when having to pay a bill. Or if you don’t pay off the bills can lead to low credit score.

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Lauren makes $150 a day as a bank clerk. she takes two days off work without pay to fly to another city to attend the concert of

Juli2301 [7.4K]

The two days Lauren doesn't receive pay would be $150 × 2 = $300
Add on the cost of transportation & lodging: $300 + $250 = $550
Finally, add the cost of the concert ticket: $550 + $50 = $600

The opportunity cost of Lauren's decision to attend the concert is $600.

8 0

3 years ago

Which of the following four critical processes for quality review is not correct:

Lilit [14]

Answer to this Question is B): Using Google as a main reference for tax law determinations

Explanation:

When we do quality review then we have to go through couple of processes, we are engaged in many activities and tasks which certainly includes, comparing it with the original source documents provided to us by the taxpayer so the discrepancies can be removed and sorted out. We also use 13614-C form's Part VIII as a guide document so we can do a quality review effectively but the only thing we don't do (from the available options here) is not using Google at all in any form here for a quality review either not using it as a reference for tax law determinations as well, therefore, answer to this question is B.

7 0

3 years ago

Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp

evablogger [386]

Answer: The social security tax will be withheld through September.

Explanation:

Social Security maximum base amount = $128,400

social security tax rate = 6.2% = 0.062

Medicare tax = 1.45% = 0.0145

Medicare Tax = no maximum

Base salary = $180,000

Social security tax amount = 0.062 × $128,400 = $7,960.80

Medicare Tax = 0.0145 × $180,000 = $2,610

Social security tax to be withheld = $7,960.80

Social security maximum base amount = $128,400

Monthly salary = $15,000

$128,400 ÷ $15,000 = 8.56

($15,000 × 8) + ($15000×0.56) = $120,000 + $8400

Therefore, the social security tax will be withheld through the ninth month which is between January to September

8 0

4 years ago

Which of the following is an effective strategy for personal saving?

trasher [3.6K]

The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

<h3>What is personal saving?</h3>

Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.

The effective strategy for personal saving a person is expected to follow is for the person to save a percentage of each of their salary or paycheck and deposit the money directly into their savings account.

Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account

Learn more about personal saving here:brainly.com/question/15279000

#SPJ1

6 0

2 years ago

1. How do scarce resources influence you personally? What impact does this have on your financial management?

Sloan [31]

If a resource is scarce, you will not want to use as much of it, therefore you learn to settle with the small amount and deal with the amount it supplies.

This helps you save money because it is scarce, so you will not need much of it.

7 0

3 years ago