All categories

3 years ago

Match the correct EFTA and PCI Standards.

Business

2 answers:

Kipish [7]3 years ago

8 0

Efta - place a stop payment..

Explanation:

Plato

pogonyaev3 years ago

3 0

Answer:

The Electronic Fund Transfer Act (EFTA) is an Act of Congress that was enacted to protect the transactions of customers transferring their funds by electronic means such as through Automated Teller Machines (ATMs) and debit cards.

The Payment Card Industry Data Security Standard (PCI DSS) is meant to ensure that financial institutions like banks have strong and secure network infrastructure to protect customers and their details.

EFTA

report a stolen debit card .
place a stop payment on recurring payments.

PCI

protect credit card data
maintain a secure network

You might be interested in

The Dougherty Furniture Company manufactures tables. In March, the two production departments had budgeted allocation bases of 4

Bezzdna [24]

Answer:

a. Manufacturing overhead rate - Department 100 = $57,500 / 4,000 hours = $14.375 per machine hours

Manufacturing overhead rate - Department 200 = $62,500/8,000 hours = $7.8125 per machine hours

b. Journal Entries

S/N Account Titles Debit Credit

1 Inventory - Raw material $110,000

Account Payable $110,000

2 Work in process $32,500

Manufacturing overhead $7,500

Inventory - Raw materials $40,000

3 Work in process $52,500

Manufacturing overhead $11,000

Materials control $63,500

4 Manufacturing overhead $17,250

Leasehold payable $16,250

Utilities payable $1,000

5. WIP Control (14,375*800) $11,500

Manufacturing overhead allocation $11,500

c. Particulars Dep 100 Dep 200 Total

Direct materials $32,500 $13,500 $46,000

Direct labour $52,500 $13,500 $106,000

Manufacturing overhead $35,750 $18,750 $54,500

(11,000+7,500+16,250+1,000

+9,000+4,750+3,750+1,250)

Total Cost of Job A $120,750 $85,750 $206,500

7 0

3 years ago

The United Nation of Zorwaya has strict restrictions on direct investment by foreign enterprises, and it opposes the establishme

max2010maxim [7]

Answer:

These are the options for the question:

A) deregulation

B) socialism

C) totalitarian ideologies

D) command economies

And this is the correct answer:

A) deregulation

Explanation:

According to the information in the question, the nation of Zorwaya is regime where political leadership has tight control over economic matters. The highest authority controls both prices and production (a staple of socialism and planned economies), and opposes most foreign investment, only allowing it after strict scrutiny and tight control.

In this nation, political leadership would oppose deregulation because this would reduce their power over the economy. Deregulation would likely mean easening price controls, allowing production to flow more freely, or lifting restrictions to foreign capital, things that Zorwaya's leaders oppose.

6 0

3 years ago

1) Why might investors prefer floating rate notes over a fixed rate bond?

sladkih [1.3K]

Answer:

These questions are incomplete since the article relating to Hologen company is not attached. However, I would answer them this way.

Explanation:

1) A floating rate bond has a shorter duration; almost zero and it has lower sensitivity to interest rates compared to a fixed rate bond.This means that the former has a lower interest rate risk. Investors tend to demand floating rate bonds when they expect future interest rates to rise because their prices would be close to their par values as their interest rates would also increase. On the other hand, fixed bond's interest rates are inversely related to their prices.

For an issuing company, borrowing money floating rates terms could be riskier for cashflow management purposes . Every time interest rates increases, it means that the company would pay higher interests to lenders which could hurt its profitability. The fluctuations could also negatively affect future financial planning unlike issuing fixed rate bonds whose coupon payments are constant hence decreasing the volatility of earnings.

8 0

4 years ago

Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds f

Naddik [55]

Answer:

Net Cash inflow (outflow) from Investing activities ($75,000)

Net Cash inflow (outflow) from Financing activities ($20,000)

Explanation:

The computation of the Investing and Financing is shown below:-

A Company

Cash Flow Statement

Cash Flow from Investing Activities

Sale of Equipment $65,000

Purchase of new equipment ($140,000)

Net Cash inflow (outflow) from Investing activities ($75,000)

Cash Flow from Financing Activities

New Bond issuance $100,000

Paid dividends ($20,000)

Sale of Common Stock $200,000

Paid Notes Payable ($300,000)

Net Cash inflow (outflow) from Financing activities ($20,000)

7 0

3 years ago

True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over

weqwewe [10]

<span>The statement "A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less" is true.

The statement "Buying a single company's stock usually provides a safer return than a stock mutual fund" is true.</span>

4 0

3 years ago