Answer:
How long does Nedra have to report the card as lost to have 100% protection against fraudulent use?
She must report the card immediately before any unauthorized withdrawals are made.
Explanation:
The card issuer expects Nedra to report that her credit card is missing immediately without wasting any time. This will prevent fraudulent practices from occurring because the card issuer will usually block the card. The purpose is to prevent identity theft from happening. After providing the necessary information that the card company may request, a new card with a new number will be issued to Nedra.
Answer: A. $1200
Explanation:
The Gross Domestic Product of a nation is the dollar value of all FINAL goods produced within the borders of the said nation during a specific period of time, usually a year.
Final is highlighted because INTERMEDIATE goods are not included because if they were, the GDP would be OVERSTATED as there would be Double Counting of goods and services.
$1200 was the final price in the chain and will be counted in GDP as it encompasses all the processes the cloth went through.
Answer:
A Depreciation Expense: $ 22,000; Accumulated Depreciation: $110,000
Explanation:
Given that
Purchase cost of equipment = $260,000
Depreciation at the beginning of year 2016 = $88,000
Depreciation expense = $22,000
So, the balance would be
Depreciation expense = $22,000
And, the accumulated depreciation is
= Depreciation expense + Depreciation at the beginning of year 2016
= $22,000 + $88,000
= $110,000