The correct choices are;
<u>"A. knowing rights and responsibilities relating to money transfers </u>
<u>C. notifying the bank of lost credit or debit cards".</u>
The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.
Answer:
Trough
Explanation:
Trough economic situation is when the recession is hardest and comes after the phase of contraction where growth slows, employment declines (unemployment increases), and pricing pressures subside.
Trough is characterized by large number of people being unemployed due to extensive layoffs by companies in order to cut down their costs and reduce their output during the period of economic decline
Business economics is a field of applied economics that studies the financial, organizational, market-related and environmental issues faced by corporations.
Answer:
D. All of the above are correct.
Explanation:
A budget is a proposed plan that outlines the financial and nonfinancial statement.
The main objective of the budget:
- To make a goal for future plans.
- To set strategies to achieve a present objective.
- To reduce the inequalities in the wealth.
The importance of the budget in business is that making a proper budget helps the owner to plan and manage the finances of the company and help to improve the profits.
A firm maximizes its profitability when it<u> "configures its internal operations to support the position selected by it on the efficiency frontier".</u>
In economics, profit maximization is the short run or long run process by which a firm may decide the value, information, and yield levels that prompt the best benefit.
The general guideline is that the firm maximizes profit by delivering that amount of yield where negligible income breaks even with peripheral expense. The profit maximization issue can likewise be drawn closer from the information side.
