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Scrat [10]
3 years ago
13

Which payment option can offer additional security like fraud protection?

Business
1 answer:
Vesna [10]3 years ago
4 0

Answer:

Credit Card

Explanation:

Most credit card company created a multiple steps verification for each transactions from your credit card as a form of fraud protection.

For example,

Most credit card companies will send a set of codes to your mobile phone every time an online transaction was made. The transaction wouldn't be approved unless you managed to input those codes. So, if your credit card is stolen, the people who stole it wouldn't be able to make online purchase unless they steal your phone along with it.

Another example. Most credit card companies can  block the card if they detected a suspicious activity. (for example, when it's used in multiple different cities compared to your usual city. )

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When the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves
Evgen [1.6K]

Answer:

debit to the Allowance account.

Explanation:

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.

According to the Generally Accepted Accounting Principles (GAAP), when the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a debit to the allowance account.

3 0
3 years ago
Dorsey Corporation Company budgeted 600 pounds of direct materials costing $28.00 per pound to make 7,000 units of product. The
Rus_ich [418]

Answer:

Direct material quantity variance= $840 unfavorable

Explanation:

Giving the following information:

Dorsey Corporation Company budgeted 600 pounds of direct materials costing $28.00 per pound to make 7,000 units of product.

The company used 630 pounds of direct materials to make the 7,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (600 - 630)*28

Direct material quantity variance= $840 unfavorable

3 0
3 years ago
Find the future value of a five-year $113,000 investment that pays 10.00 percent and that has the following compounding periods:
Sati [7]

Answer: Future Value FV = 169,500

Explanation:

The information given to us are;

Present value PV = 113000

Interest R = 10% = 0.01

number of years T = 5

Future value FV = ?

So using the formula

FV = PV * [1 + (R * T)],

We input our value

FV = 113000 * [ 1 + ( 0.1 * 5) ]

FV = 113000 * [ 1 + 0.5]

FV = 113000 * 1.5

FV = 169500

3 0
3 years ago
Is the transition of Jews and Irish from the non-White to White category surprising to you? Brodkin also discusses the transform
sasho [114]

Answer:

Additional changes in race within the US Census Categorization include American Indians, Aleut and Eskimo, Asian Indians, Part Hawaiian/Samoan/Guamanian and the Mexicans.

Explanation:

1. American Indians were not identified as such until 1860, when the racial category of “Indian” was added. Beginning in 1890, the census included a complete count of American Indians on tribal land and reservations.

2. In 1960, categories for Aleut and Eskimo were added in Alaska only. Since 2000, the category has grouped both of these together as “American Indian or Alaska Native,” and the census form provides a blank space to specify a tribe.

3. Asian Indians were called “Hindus” on the census form from 1920 to 1940, regardless of religion. Beginning in 2000, people could select from among six different Asian groups in addition to “Other Asian,” with the option to write in a specific group.  

4. The categories of Hawaiian, Part Hawaiian, Samoan and Guamanian were added and counted with the totals for the Asian population. Beginning in 2000, based on research conducted by the Census Bureau and new Office of Management and Budget guidelines, Native Hawaiian, Samoan and Guamanian became part of a new category: Pacific Islander.  

5. Mexicans were counted as their own race in 1930 for the first and only time. Hispanic groups of any kind were not offered as options again until 40 years later, when the census form began asking about Hispanic origin as a separate question from race.

7 0
3 years ago
Michelle has the following monthly expenses 490 dollars in rent $300 in groceries $90 in movies $69 in clothes $130 cellphone $9
Westkost [7]

Michelle doesn't have to see $90 worth a movie a month, and she could mostly cut that one out, if not completely. She could also see if she is able to lower her internet and/or television bill by downgrading plans.

5 0
3 years ago
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