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3 years ago

8

Which term refers to an economic situation where the large amount of money in circulation creates continuous pressure to raise p

rices? A. equilibrium B. inflation C. surplus D. depression

2 answers:

Dvinal [7]3 years ago

5 0

B. Inflation
Inflation is when a country prints too much money, therefore decreasing the value of the currency.

maksim [4K]3 years ago

5 0

The answer is: Inflation

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In their relationship, neither bette nor sam wants to take control or make decisions. this type of relationship is known as a co

yKpoI14uk [10]

<span>Simply put ,this is a Submissive Symmetrical Relationship. This type of relationship happens when there are two partners but neither wants or is able to take complete control or make decisions. In this scenario, that is exactly what Sam and Bette are doing.</span>

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3 years ago

Following are Nintendo's revenue and expense accounts for a recent calendar year.Net sales ¥ 1,014,345 Cost of sales 626,379 Adv

elena-14-01-66 [18.8K]

Answer: These transactions can be journalized as follows :-

Explanation: Since the entries are closing entries these would be recorded at year end :-

Dec 31. Sales a/c Dr ¥ 1,014,345

To income a/c ¥ 1,014,345

(Being revenue account closed)

Dec 31. Income a/c Dr ¥ 936,724

To cost of sales a/c ¥626,379

To advertising expense a/c ¥ 96,359

To other expense a/c ¥213,986

(Being expenses account closed)

Dec 31. Income a/c Dr ¥77,621

To retained earnings ¥77,621

(Being excess income transferred)

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3 years ago

"All of the following are reasons that implementing a new ERP may fail except

Andrews [41]

Answer:

D

Explanation:

ERP , an acronym for Enterprise resource Planning is a system adopted by organization to integrate different parts of the business either in real time or through software.

It has so many advantages towards business growth as well as limitations.

Of the listed options in the question ,the only exception to its limitation is that it may require procedures and reports to be standardized across business units, This is more of benefit than limitation.

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3 years ago

A mortgage broker advertises a 30-year fixed-rate loan at a 2.00% rate. After the borrower arrives at the office and begins an a

Contact [7]

Answer:

Truth in Lending Act (TILA)

Explanation:

Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.

This ultimately implies that, a mortgage broker acts as an intermediary (middleman) by connecting a creditor (lender) to those seeking to get a loan (borrower).

The Truth in Lending Act (TILA) also known as Consumer Credit Protection Act (CCPA) is a federal law of the United States of America that was enacted by the 89th US Congress and signed into law by President Lyndon B. Johnson on the 29th of May, 1968.

The main purpose of this federal law (Act) is to protect the consumer while using credit by mandating businesses to provide a full disclosure of the terms and conditions with respect to the credit.

According to the Truth in Lending Act (TILA), businesses are required to explain all collection fees, finance charges, late charges and interest charges up front before the time of service or application process commence.

In this scenario, a mortgage broker advertised a 30-year fixed-rate loan with an interest rate of 2.00%.

However, when the borrower arrived at the office of the mortgage broker and begins an application, the broker then went ahead to explain that the 2.00% interest rate is no longer available because his office was only able to do a limited number of them.

Thus, this broker is in violation of Truth in Lending Act (TILA).

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3 years ago

In the last few weeks, Steve has stopped chatting with his coworkers during work. He takes short lunch breaks, and he is complet

diamong [38]

This is a concentrated productive worker

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3 years ago