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rodikova [14]
2 years ago
13

What federal laws protects you if you have a complaint regarding consumer credit?

Business
1 answer:
likoan [24]2 years ago
8 0

Answer: The Consumer Credit Protection Act (CCPA)

Explanation:

In 1968, The Consumer Credit Protection Act was enacted was enacted so that people would only received fair credit practices and also to protect the consumers from harm

According to the CCPA, the total cost that is involved with regards to a loan must be disclosed. Therefore, the federal laws that protects you if you have a complaint regarding consumer credit is The Consumer Credit Protection Act (CCPA).

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Eileen is setting up a company in QuickBooks Online and needs to fill in opening balances for vendors. What is the best way to r
Vsevolod [243]

The best ways is to fill in the opening balance in the vendor details dialogue box. This method is quick, and one may finish it when one create the vendor.

The Vendor Balance Summary report summarizes the company's obligations and overpayments to certain vendors. The overarching goal of this report is to identify accounting irregularities. View the Vendor Balance Detailed report for further information on the vendor's balance.

The following information is included in the report:

  • Vendor: Either the vendor indicated in the preceding filtering choices or all suppliers accessible to the firm.
  • Balance: The amount owed to a certain vendor or the credit/overpayment amount (marked with brackets).
  • Totals: The total amount owed or payed to the suppliers listed.

To learn more about opening balance of vendors click on :

"brainly.com/question/4688609"

#SPJ10

6 0
1 year ago
A focused low-cost strategy ...A) cannot be sustained over time unless the focuser is aggressive in entering other segments wher
alexandr1967 [171]

Answer:

The correct answer are A and E.

Explanation:

Cost leadership is where the company intends to be the lowest cost producer in its industrial sector. The company has a broad picture and serves many segments of the industrial sector, and can still operate in related industrial sectors. The breadth of the company is often important for its cost advantage. The sources of cost advantages are varied and depend on the structure of the industrial sector. They can include the persecution of economies of scale of own technology, preferential access to raw materials.

A successful cost leadership strategy is disseminated throughout the company, as evidenced by high efficiency, low overhead, limited benefits, waste intolerance, thorough review of budget requests, extensive control elements, rewards linked to cost concentration and extensive employee participation in attempts to control costs.

Some risks of following cost leadership is that competitors could mimic the strategy, decreasing the profits of the industry in general; that technological advances in the industry could make the strategy ineffective or that the interest of the buyers could be diverted towards other characteristics of differentiation besides the price.

4 0
3 years ago
Which of the following is NOT true Group of answer choices An American option can be exercised at any time during its life A put
galina1969 [7]

Answer:

When a CBOE call option on APPLE is exercised, APPLE issues more stock.

Explanation:

A call option can be regarded as a "call", and can be explained as contract which exist between the buyer as well as the the seller of that call option, so they can exchange a security at a set price.

In domain of finance, the style or family of particular option can be regarded as the class that the option falls into, and this can be defined using dates that the option could be exercised. Most options usually fall as European or American options. It should be noted that An American option can be exercised at any time during its life. These should be noted;

✓A put option will always be exercised at maturity if the strike price is greater than the underlying asset price.

.A call option will always be exercised at maturity if the underlying asset price is greater than the strike price

Facts about

4 0
2 years ago
The recent upheaval in the office-equipment retail business, in which many small firms have gone out of business, has been attri
pishuonlain [190]

Answer:

(B) The superstores’ heavy advertising of their low prices has forced prices down throughout the retail market for office supplies.

Explanation:

If the superstores have the financial means to produce heavy advertising of their low prices, this advertisements will reach a wide group of customers, who will now have lower price expectations for the market of office supplies, whether these are offered by large superstores, or by small retail stores.

Because small retailers likely do not have the economies of scale to allow for prices as low as the large superstores, they have a high probability of being taken out of business.

8 0
2 years ago
Madison Company's perpetual inventory records indicate that $875,300 of merchandise should be on hand on October 31. The physica
marta [7]

Answer:

Dr Cost of Goods Sold    $93,400

Cr Inventory                         $93,400

Explanation:

The closing inventory in perpetual inventory is $875,300 which is recorded in excess of its inventory in hand $781,900 which means that additional $93,400 must be adjusted in Cost of Goods Sold.

The journal entry on October 31, 2020, is given as under:

Dr Cost of Goods Sold    $93,400

Cr Inventory                         $93,400

3 0
3 years ago
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