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Mashutka [201]
2 years ago
11

Jose loses his credit card at a crowded city park. He notifies his credit card company immediately. Five days later, $4,507 is c

harged on the card. How much of those charges is Jose liable for?a• $25.00.b• $50.c• 50% of the charges incurred.d• The entire amount.
e• Nothing.
Business
1 answer:
Ivanshal [37]2 years ago
5 0

Answer:

e• Nothing.

Explanation:

If your credit card is stolen, federal law establishes a maximum liability of $50 for any purchases made before you report the loss. In this case, we are told that Jose reported the loss immediately, so there should be no time for someone else to make any illegal purchases. The credit card company should not allow any purchases after Jose notified the loss.

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3 years ago
The ""Know They Customer"" program: a. is a federal program directed at commercial bribery prevention. b. is a federal program r
Serga [27]

Answer: B. A federal program aimed at detecting money laundering

Explanation: with rising corruption issues, financing of terrorism and money laundering becoming so prevalent the Know Your Customer program was initiated to help combat these issues. It is a process by which banks obtain personal information about the identity and address of its customers. In this, banks are prevented from being used to service money laundering activities while also enabling them better understand their customers, monitor their financial dealings thus, assisting them in serving their customers better and manage its risks wisely.

4 0
2 years ago
In September 20X3, LaToya Corporation paid for insurance for the next six months in the amount of $42,000. On December 31, LaToy
Umnica [9.8K]

Answer:

Net income is overstated by $28,000.

Explanation:

As the company forget to make the adjustment entry it didn't recognize any expense for the expired insurance.

From September to December 31th 4 month of insurance has expired:

42,000 x 4 month/6 months = 28,000 insurance expense

as the expense weren't post the income statement is overstated along with the assets of the company as it doesn't have a prepaid amount for 42,000 but for 14,000

5 0
3 years ago
Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expe
yulyashka [42]

Answer:

See bekow

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Number of direct labor hours = 555,000 / 15 = 37,000

Overhead cost = $57,000 + $158,500 + $28,800 + $22,100

3 0
2 years ago
The first three steps of the strategic management process involve ________ strategies.
Lina20 [59]

The first three steps of the strategic management process involve <u>planning</u> strategies.

Strategic planning is a system in which an agency's leaders outline their imaginative and prescient destiny and become aware of their agency's desires and goals. The method consists of setting up the sequence in which the goals should be realized in order that the business enterprise can reach its stated vision.

Inside making plans, there are 4 important categories: strategic, tactical, operational, and contingency planning. Strategic planning is a manner that groups use to determine their dreams and targets.

Strategic planning is an agency's procedure of defining its approach or direction and making selections on allocating its assets to achieve strategic goals. it is able to also extend to govern mechanisms for guiding the implementation of the strategy.

Learn  more about planning strategies here brainly.com/question/17924318

#SPJ4

3 0
1 year ago
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