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abruzzese [7]
3 years ago
11

Which of the following is a common risk of using credit to make purchases

Business
1 answer:
DochEvi [55]3 years ago
6 0

Answer:

overspending

Explanation:

Credit purchases encourage one to spend more than they can afford. The fact that the sellers do not demand cash when goods change hands entices people to buy more. In credit purchases, cash is not required, only a commitment to pay later, which leads to overspending.

Overspending increases the probability of defaulting on credit payments. When the debt to income level rises too much, the borrower may be forced to miss some installment payments and cater to basic needs.

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A _____ typically provides information so that an organization can make a decision about a product, procedure, or policy.
saw5 [17]

Answer:

A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.

7 0
2 years ago
Retained earnings: Group of answer choices
Slav-nsk [51]

Answer:

Retained earnings refers to:

D. The net losses and dividends declared since its inception of a company's cumulative net profit.

Explanation:

Retained earnings are referred as :

  • The overall earning the company have made till the present date.
  • This earning excludes the dividend money and the money of the investors distributed.
  • Whenever new records are made for the company this dividend money is readjusted.
  • This leftover money has an impact on the account related to the expense and revenue.
  • The retained earnings are built of the total income amount which has been given by a business after paying off the dividend to the shareholders.

So, here correct option is

D. The net losses and dividends declared since its inception of a company's cumulative net profit.

3 0
3 years ago
The best definition of a financial restatement is:________.
gulaghasi [49]
The correct answer is A
3 0
3 years ago
Noelle, assistant manager at Green Gardens Restaurant, is preparing a questionnaire to help her evaluate customer satisfaction.
wariber [46]

Hi there, i cannot find the complete question so that i can pick an option from so im going to do my best to answer your question.

Explanation:

Noelle can use the question: on a scale of 1 to 4, rate your level of satisfaction of the meal at Green Gardens Restaurant. 1 to 4 can be represented as shown below.

1- very bad

2- bad

3- good

4- very good

With this sort of question to customers, Noelle would be able to get an understanding of how bad or well the restaurant is doing in terms of customer satisfaction.

Cheers.  

7 0
3 years ago
Suppose the downward sloping labor demand curve shifts rightward in a labor market with a single employer (monopsony). What happ
4vir4ik [10]

Answer:

  • Equilibrium wage increase
  • Level of employment increase

Explanation:

A shift rightward in the labor market of a single employer would imply that the employer wants more labor. They will therefore increase the wages that they are paying their labor to entice more labor and the level of employment in the industry will increase as the employer hires more people.

Graphically speaking, when the labor demand curve shifts right, it will intersect with the labor supply curve at a higher equilibrium wage. The quantity of labor will also increase as it goes to a new equilibrium point.

7 0
3 years ago
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