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Vlada [557]
2 years ago
9

Which best describes the main role of the three major credit reporting agencies?.

Business
1 answer:
kaheart [24]2 years ago
3 0

The best three main roles of major credit reporting agencies are:

  • Compile consumer credit
  • Loan information and
  • Provide it to lenders and businesses.

<h3>What is a credit reporting agency?</h3>

A credit reporting agency is a company that keeps track of people's and companies' credit histories. They get information from creditors and other sources, which they put into a credit report, which incorporates a credit score when it's released.

The best three main roles of major credit reporting agencies are:

  • Compile consumer credit
  • Loan information and
  • Provide it to lenders and businesses.

Learn more about credit reporting agencies here:

brainly.com/question/9913263

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A work center uses kanban containers that hold 200 parts. To produce enough parts to fill a container, 60 minutes of setup plus
slamgirl [31]

Answer:

9 containers

Explanation:

Data given

Container holds (capacity) = 200 units

Demand rate per minute = 10 units

The computation of number of containers needed is shown below:-

Time to fill container = Setup time + Processing time

= 60 + 120

= 180 minutes

Number of containers (n) = (Demand × Time to fill container) ÷ Capacity of the container

= (10 × 180) ÷ 200

= 1,800 ÷ 200

= 9 containers

Therefore for computing the number of containers we simply applied the above formula.

5 0
2 years ago
Jake, a store keeper at Triscent Hypermarket, is accused of stealing food products from the store. When confronted by his manage
hoa [83]

Answer:

Rationalisation

Explanation:

Rationalisation is the attempt by an individual to justify an action, behaviour, or attitude with logical reasoning. Mostly the reasons given are not appropriate enough.

In the given instance Jake is accused of stealing food products from the store, he justifies his act by claiming that his monthly pay is not sufficient to support his family of five members.

This is not enough reason to still but he still tries to rationalise his action based on his low salary.

4 0
3 years ago
A 12-month insurance policy was purchased on Dec. 1 for $4,800 and the Prepaid insurance account was initially increased for the
Marianna [84]

Answer:

Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400

Explanation:

The journal entry is given below:

Insurance expense ($4800 × 1 ÷ 12) $400  

       Prepaid Insurance  $400

(To record insurance expense)

Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets

4 0
2 years ago
The biggest factor in determining the price of a mortgage is:
xeze [42]
I'd say your answer would be the interest rate so A
5 0
3 years ago
A company's triple bottom line measures which aspects of its performance? (choose every correct answer.)
san4es73 [151]

A company's triple bottom line measures environmental, financial, and social. aspects of its performance.

Environmental means relating to or caused by the environment in which a person lives or in which something exists. Protects against environmental influences such as wind and sun. The form that the human family takes is a response to environmental stress.

Financial usually refers to financial matters or transactions of some magnitude or importance. In other words, a financial assistant. Fiscal is used specifically in connection with government or institutional funds. It's the end of the fiscal year. Currency refers specifically to money itself. i.e. currency system or standard.

Relating to interaction with other people especially for pleasure a busy social life.

learn more about the Environmental here.  brainly.com/question/1888324

#SPJ4

8 0
1 year ago
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