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masya89 [10]
3 years ago
7

What are some pros and cons to using a credit card?

Business
2 answers:
oee [108]3 years ago
4 0

Answer:

Credit cards allow you to spend money that you don't have at that point in time. You basically take out a tiny loan every single time you use a credit card, but as with all lones that means the credit card charges you interest which is a problem when paying off credit card debt

Explanation:

dalvyx [7]3 years ago
3 0

Answer:

Pro is that you can use it anytime to pay for something. Con is that sometimes people don't pay them off.

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Which of the following is true of currently attainable standards? a.Currently attainable standards can be achieved under efficie
WARRIOR [948]

Answer: a).

Currently attainable standards can be achieved under efficient operating conditions.

Explanation: currently attainable standards are standards which have been found to be achievable considering the current prevailing circumstances,this standards re usually set up for use in the short term it is not expected be achievable during the long term.

Currently achievable standards are always difficult to achieve but if resources are efficiently managed/ used it will be achieved. Currently achievable standards are usually set to evaluate performance especially in cost,time and materials management.

8 0
3 years ago
Nelly's grandparents are on a fixed income. Which of the following is true?
Vikentia [17]
With Nelly's grandparents being on a fixed income, inflation will cause their purchasing power to go down. Since inflation causes prices to raise, they will not be able to purchases things like before. The correct answer is C. 
3 0
3 years ago
Read 2 more answers
Which of the following is not correct?a. If the inflation rate exceeds the nominal interest rate, then the purchasing power of a
lilavasa [31]

Answer:

The options which is NOT correct is C.

Purchasing power does not increase with inrease in the rate of inflation. There is an inverse relationship between inflation and purchasing power of money.

Explanation:

Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.

Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.

Nominal interest rate simply put is the interest payable on a loan without considering processing fees, compounding interest payable and the erosion of the value of such money.

Cheers!

             

4 0
3 years ago
Industrial Equipment Supply is a new business. During its first year of​ operations, credit sales were $ 45 comma 000and collect
Andrei [34K]

Answer:

$600

Explanation:

The written down amount is $725, which is bad debt and provision is not required for it.

The increase in allowance for bad debt is always Written Off by using the provision and at the year end the amount that must have been written off is $600 which is the increase in the provision. This means that the Allowance for Bad Debts is​ $600.

3 0
3 years ago
If you are applying for two different jobs, which of the these is true about the resumes you will turn
tigry1 [53]

Answer:

the first one ,you would turn in different resumes with different objective statements that match the different jobs you are

applying for

3 0
2 years ago
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