<span>the creditor must give you the specific reasons or tell you how you can obtain your credit results if you ask within 60 days
Accepted reason for this rejection could only be based on your financial situation and not your race/gender. Such as: you don't have enough income, you are not employed, you have too much debt, etc</span>
Answer:
Listing the consequences of each option.
Explanation:
The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
<h3>What is liability?</h3>
"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?
A) $500,000 B) $100,000 C) $75,000 D) $25,000
It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.
Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
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Answer:
c. Job classification
Explanation:
Based on the information provided within the question it seems that the statement is typical of Job classification. This term refers to a set of information classifying a job based on the duties or responsibilities that the specific job entails. Which seems to be what the statement is referring to as it says "for which the duties are to be performed with minimal supervision" etc.