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Vlad1618 [11]
3 years ago
15

Which federal legislation gives consumers the right to know what is in their credit report?

Business
1 answer:
Alinara [238K]3 years ago
3 0

Answer:

b. the fair credit reporting act

Explanation:

"The Fair Credit Reporting Act (FCRA) is a federal law that helps to ensure the accuracy, fairness and privacy of the information in consumer credit bureau files. The law regulates the way credit reporting agencies can collect, access, use and share the data they collect in your consumer reports."

Exert from: https://www.experian.com/blogs/ask-experian/credit-education/report-basics/fair-credit-reporting-act-fcra/#:~:text=The%20Fair%20Credit%20Reporting%20Act%20(FCRA)%20is%20a%20federal%20law,collect%20in%20your%20consumer%20reports.

You might be interested in
The Delphi method is __________.
Nadusha1986 [10]

Answer:

B. a qualitative forecasting technique in which experts work individually to develop forecasts.

Explanation:

The Delphi method is a forecasting process framework based on the results of multiple rounds of questionnaires sent to a panel of experts. Several rounds of questionnaires are sent out to the group of experts, and the anonymous responses are aggregated and shared with the group after each round.

The experts will answer without brainstorming with others

5 0
4 years ago
Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has o
patriot [66]

Solution:

Gross income : 262000  

a) Ordinary and necessary business expenses

amount                                      explanation

108850                          Ordinary expenses associated with Jeremyâs                              

                                         business (42250+47700+18900)

b) Unreimbursed  employment expenses

amount                                      explanation

  -                        Un reimbursed employee business expenses

                                  are deductible from AGI not for AGI

c) Real property taxes and investment  expenses.

amount                                      explanation

   -                                 Taxes and investment expenses

                                      are deductible from AGI not for AGI

d) Rental expenses

amount                                      explanation

8590                       Rental expenses are deductible for

                        AGI even though they aretechnically investment or

                                  production of income expenses.

e) Self-employed  health insurance

amount                                      explanation

4590                       Jeremy may deduct all the costs of his

                                   health insurance because he is not eligible

                                          for health plan

f) Self- employment  taxes

amount                                      explanation

1295                         ½ of self-employment taxes allowed

                                                 as for AGI deduction

g) Alimony

amount                                      explanation

  5180                                Alimony is allowed for AGI deductions

h) Donations

amount                                      explanation

  -                                 Charitable contributions are from

                                              not for AGI deductions

Total for AGI  deductions Amount

                                                128505  

AGI                                          135495

8 0
3 years ago
Average variable cost equals Group of answer choices average total cost minus average fixed cost. total variable cost divided by
S_A_V [24]

Average variable cost equals:

  • average total cost minus average fixed cost.
  • price of the variable input times the quantity of the variable input.

<h3>What is average variable cost?</h3>

Average variable cost is total variable cost divided by variable input. Variable input is the input that varies with the output. For example, labor is an example of a variable input.

To learn more about variable cost, please check: brainly.com/question/26502221

3 0
2 years ago
Read 2 more answers
In the current year, Hanna Company reported quality-assurance warranty expense of $189,000 and the warranty liability account in
konstantin123 [22]

Answer:

$172,000

Explanation:

The total warranty expense reported in the current year is $189,000, which is recorded as an increase in warranty expense account.

The amount of $17,000 is recorded as an increase in warranty liability account. It is because this amount is not paid in this year but in subsequent years.

The remaining amount of $172,000, which is equal to $189,000 - $17,000, is the total amount of warranty costs that were paid during the year and is recorded as a decrease in cash account.

The accounting journal entries will be as follow:

Dr  Warranty expense    $189,000

   Cr Warranty Liability                     $17,000

   Cr Cash                                          $172,000

3 0
4 years ago
Pleasant Hills Properties is developing a golf course subdivision that includes 250 home lots; 100 lots are golf course lots and
Goshia [24]

Answer:

The relevant multiple choices are as follows:

$1,920,000.

$720,000.

$1,620,800.

$1,579,200.

$1,080,000.

The correct answer is the third option which is $1,620,800.

Explanation:

Total joint costs=cost of land acquisition+cost of street and utilities improvement

cost of land acquisition=$1,800,000

cost of street and utilities improvement=$1,400,000

total joint costs=$1,800,000+$1,400,000=$3,200,000

sales  value of the golf course lots=100*$95,000=$9,500,000

sales value of street frontage lots=150*$65,000=$ 9,750,000

Total sales value =$9,500,000+$9,750,000=$ 19,250,000

joint costs to street frontage lots=$3,200,000*$9,750,000/$19,250,000.00

                                                     =$ 1,620,779.22  

The closest option is the third option above.

6 0
3 years ago
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