Answer:
A culture of leadership <u>Excellence </u>and <u>Integrity</u> is created when people at all levels genuinely expect each other to be credible, and they hold each other accountable for the actions that build and sustain credibility.
Explanation:
The above approach of excellence and integrity refers to adaptability and ethics amongst the employees. Excellence is something which is the maximum desired level attained whereas integrity refers to the traits of honesty and abiding by moral ethics.
Leadership excellence and integrity is when there is immense mutual trust between one people. This trust leads to genuine expectations at both ends wherein credibility and accountability is expected.
Such actions are expected by both parties which lead to a credible environment and it is desired to maintain and sustain that credibility.
Answer:
Record internal transactions and events.
Explanation:
The adjusting entries are passed so that the financial statement represents the true and fair view
Plus if any change made of the business transaction during the year the same is to be adjusted by passing the journal entries
The examples of adjusting entries are outstanding expenses, prepaid expenses, etc
Moreover, it records the company events and transaction i,e to be internal
Answer:
a. quantity demanded responds to a change in price.
Explanation:
The price elasticity of demand measures the sensitivity of the quantity demanded to changes in the price. Demand is inelastic if it does not respond much to price changes, and elastic if demand changes a lot when the price changes.
Answer: $246,400
Explanation:
Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.
Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.
<u> Fair Debt Collection Practices Act </u><u>(FDCPA) </u>Debt collectors are not allowed to use their positions to collect a debt using any manner of work performance that is found to be abusive, deceptive, or unethical.
FDCPA (Fair Debt Collection Practices Act):
The Fair Debt Collection Practices Act is a federal law passed in 1977 to protect consumer rights from abusive, unfair, or deceptive debt collection practices.
The fair debt collection practices act prohibits abusive, unfair, or deceptive debt collection practices.
This act imposes certain restrictions on debt collectors, including the following:
- They are unable to contact you at an inconvenient time or location.
- They cannot harass or threaten you over the phone or in person.
- In case you have an attorney, then they must contact your attorney
Fair debt collection practices act covers the debts such as mortgages , medical debts, credit cards etc
Learn more about The Fair Debt Collection Practices Act to visit this link
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