The overall effect of these three events on your equity is an increase of $110. This increase reflects the positive impacts of receiving wages and the increase in investment value, which outweigh the impact of the computer game purchase on your equity.
To calculate the overall effect of the three events on your equity, we need to consider the impact on your assets and liabilities. Equity can be expressed as the difference between assets and liabilities, so any changes in these two components will affect your equity.
Let's break down the effects of each event:
Buying a computer game for $50 using your credit card:
This transaction does not have an immediate impact on your equity. It represents a decrease in your assets (cash) as you spend $50 on the game, but it also increases your liabilities as you incur a $50 debt on your credit card. As a result, your assets and liabilities both decrease by $50, leaving your equity unchanged.
Receiving $90 in wages from your casual job:
This transaction increases your assets by $90 as you receive cash from your job. It does not affect your liabilities. Since there is an increase in assets and no change in liabilities, your equity increases by $90.
Investments increasing in value by $20 (fair-value accounting):
Fair-value accounting requires you to recognize changes in the value of your investments in your equity. In this case, as the value of your investments increases by $20, your assets increase by the same amount. There is no impact on liabilities, so your equity also increases by $20.
To calculate the overall effect on equity, we sum up the impacts of each event:
Change in Equity = Change in Assets - Change in Liabilities
= ($90 + $20) - $0
= $110
For more such question on equity. visit :
https://brainly.com/question/11556132
#SPJ8
What is the organizational structure for an supermarket?
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
Which of the following sets of activities is undertaken after a message is composed?
A) organizing information and adapting the message to the audience
B) gathering and organizing information
C) revising and producing the message
D) analyzing the situation and adapting the message
E) selecting the medium and producing the message
The set of activities undertaken after a message is composed is C) revising and producing the message. Once the message has been written, it is important to review and make any necessary changes to ensure clarity, accuracy, and effectiveness. This includes editing for grammar and punctuation, as well as revising the content to ensure it meets the needs of the audience and achieves the intended purpose. Finally, the message is produced in its final form, ready for delivery to the intended recipients.
Revising and producing a message is an essential step in effective communication. It involves reviewing and modifying the content of a message to ensure that it meets the desired goals and effectively conveys the intended information to the target audience.
When revising a message, it is important to review the content for accuracy, clarity, and completeness. Any errors or ambiguities should be corrected, and any missing information should be added to ensure that the message is clear and understandable. Additionally, the tone and style of the message should be appropriate for the target audience and the purpose of the message.
To know more about a message click this link -
brainly.com/question/28529665
#SPJ11
In July, Harry's shoes sold 8 pairs of purple crocs for $75 each. On the first day of August, he lowered the price of purple crocs to $50 each and sold 27 pairs during the month. Does this demonstrate Elastic Demand or Inelastic Demand?
Answer:
Elastic Demand
Explanation:
The term elastic means stretchy or stretching. Elastic demand implies a demand that is changing or moving.
Elastic demand is the term used to describe the demand for a good that changes due to an increase or decrease in prices. A product or service whose demand changes significantly in response to a small change in price is said to have elastic demand.
The scenario described in this case is that of elastic demand. The demand for purple crocs rose from 8 in July to 27 in august. An increase of 19 units, which represents an increase of 237 percent. The increase in demand was a result of a decrease in price from $75 to $50. The price changes by $25, which is a decline of 33 percent. A drop in price by 33 percent results in a rise in demand by 237 percent is an illustration of elastic demand.
If Assets are $ 5,000 and Liabilities are $ 3,000, what is Owner’s Equity?
Answer:$2,000
Explanation:
Owner's equity = all of the assets - all of the liabilities
$5,000-$3,000=$2,000
Whose permission do you need to write or arrange pieces that are Traditional or in the Public Domain? I said copyright owner but my teacher says I’m wrong
Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.
for frank tannenbaum, the process of labeling or tagging someone contained the steps of: T/F
True. Frank Tannenbaum was a sociologist who conducted research on the labeling theory, which suggests that individuals are labeled or tagged based on their behavior, and this label or tag has consequences for their future behavior and social interactions.
Tannenbaum believed that the process of labeling or tagging someone involves several steps.The first step is the initial contact between the individual and the criminal justice system. This contact could be an arrest or being brought in for questioning by the police. The second step involves the criminal justice system labeling or tagging the individual as a criminal or deviant. This labeling can be based on their behavior, appearance, or other factors.The third step involves the individual internalizing the label or tag, which means they start to see themselves as a criminal or deviant. This can lead to a self-fulfilling prophecy where the individual continues to engage in deviant behavior because they believe that is what is expected of them.Tannenbaum's research suggests that the labeling process has a significant impact on an individual's behavior and social interactions. Therefore, he believed that the criminal justice system should focus on rehabilitating individuals rather than simply punishing them to avoid the negative consequences of labeling.
Learn more about behavior here
https://brainly.com/question/1741474
#SPJ11
A company's cost of capital is mainly determined by ______________. *
The cost of capital of a corporation is majorly dependent upon the capital structure.
What is capital structure?
The mix of various forms of finances used by a business to meet its capital requirements is known as the capital structure of such business. It may consist of equity, accumulated profits, and debts.
Hence, the capital structure determines the cost of capital of a company.
Learn more about capital structure here:
https://brainly.com/question/15041466
#SPJ4
2. individual problems 10-2 to increase a company's profit, a manager suggests that the company needs to increase the value of its product to customers. suppose, per the manager's advice, the company successfully increases the value of its product to its customers. at the same time, however, the price and cost per unit of the good both increase by the same amount. indicate whether profit per unit will increase, decrease, or stay the same (no change). hint: think about the allocation of economic value for a product between cost, profit, and consumer surplus. increase decrease no change profit per unit
If the price and cost per unit of the product both increase by the same amount, it means that the company is capturing the additional value it has created through the price increase. In this case, the profit per unit will stay the same (no change).
When the company successfully increases the value of its product to customers, it implies that customers perceive the product to be more beneficial or valuable. As a result, they may be willing to pay a higher price for the product.
Therefore, when the company successfully rises the value of its product to customers and the price and cost per unit both increase by the same amount, the profit per unit will stay the same (no change).
Learn more about profit here:
https://brainly.com/question/33973104
#SPJ4
The complete question might be:
To increase a company's profit, a manager suggests that the company needs to increase the value of its product to customers. Suppose, per the manager's advice, the company successfully increases the value of its product to its customers. At the same time, however, the price and cost per unit of the good both increase by the same amount. Indicate whether profit per unit will increase, decrease, or stay the same (no change). Hint: Think about the allocation of economic value for a product between cost, profit, and consumer surplus.
Which of the following is not a positive impact of globalization?
Increased cooperation between countries.
Loss of jobs in the home country.
Increased competition leads to more efficiently run businesses.
Wider variety of products available to consumers.
Answer:
Loss of jobs in the home country
Explanation:
Losing jobs is a bad impact that multiple things including globalization can have.
I hope this helps :D
supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress. t or f
True, supporters of globalization believe that tougher environmental regulations and stricter labor standards are a natural aspect of economic progress.
What kind of economic globalization is it?
Economic globalization is the term used to describe the rising interdependence of world economies as a result of the expanding size of cross-border trade in goods and services, the movement of capital internationally, and the wide-spread and quick adoption of technology.
What impact is globalization having on the current economic climate?
Globalization generally lowers the cost of manufacturing. This enables businesses to provide consumers with items at a lesser cost.
Increases in the level of life are largely influenced by the average cost of commodities. The range of products available to consumers has likewise increased.
Learn more about globalization
brainly.com/question/15283031
#SPJ4
1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
Read more on loans here: https://brainly.com/question/26913200
#SPJ1
hey besties i have a question i fw anime like i really do and i think i wanna cosplay but im like top tier popular so should i just like not I'm for sure gonna get bullied.
Answer:
ngl i am like "the popular girl" and i just live two lives i popular at school and anime obsessed at home lol
Explanation:
A pickpocket routinely carries a knife in his pocket just in case he needs it. On one occasion, he is successfully able to remove a man's wallet without being noticed. He is later caught and tried. Which of the following is the best answer for why this occurred?
A. The act is not considered robbery because the thief did not have a firearm.
OB. The act is considered robbery because the thief knew the use of
force was a possibility for him in his plans.
OC. The act is not considered robbery because no violent force was used or threatened in the theft.
OD. The act is considered robbery because the thief was armed and
able to use violent force.
Answer:
OC
Explanation:
Theft means taking someone's property but does not involve the use of force. This would describe this scenario
Robbery would mean the pickpocker inflicted, threatened or attempted to inflict harm on the man
which statement describes a main advantage of using cash over other forms of payment
The main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
How does cash eliminates overspending?While doing a physical transaction, there will not be a situation of overspending because the person can not purchase more than the cash value he/she has on him/her.
Hence, the main advantage of using cash over other forms of payment is that its eliminates the possibility of overspending.
Read more about cash
brainly.com/question/24179665
#SPJ1
When introducing AND explaining a skill it is important to be direct, brief, simple, and accurate. true or false
True, when introducing and explaining a skill, it is important to be direct, brief, simple, and accurate.
Being direct ensures that you convey the main idea of the skill without causing confusion. This approach allows the learner to understand the concept quickly and easily.
Additionally, being brief ensures that you only provide essential information and avoid overwhelming the learner with too much detail. This approach makes it easier for the learner to retain the information and apply the skill effectively.
Keeping your explanation simple is crucial because it ensures that the learner can comprehend the skill, regardless of their background knowledge or experience. Using simple language and straightforward examples can make the concept more accessible and easier to understand.
Moreover, being accurate in your explanation is critical as it ensures that the learner gains the correct understanding of the skill. Providing accurate information also helps to build trust between you and the learner, ensuring that they can rely on you for future guidance.
In summary, introducing and explaining a skill requires you to be direct, brief, simple, and accurate. This approach enables the learner to comprehend the skill quickly, retain the information effectively, and apply it in the appropriate situations. By adhering to these principles, you will not only enhance the learning experience for the learner but also increase the likelihood of their success in mastering the skill.
To know more about skill refer here: https://brainly.com/question/22072038#
#SPJ11
what action will a producer usually take when the price charged is higher than the equilibrium price
How planning and controlling and evaluation is considered as two side of a coin
Planning and controlling and evaluation are considered two sides of a coin as they are complementary and interrelated processes. Planning is the first step in the management process, where the management determines the goals, objectives, and courses of action that are required to achieve the goals.
The planning process aims to predict the future and establish a course of action that enables the organization to achieve its goals efficiently.Controlling is the process that is used to ensure that the plans are being executed as intended. It includes monitoring the performance of the organization against the set standards, identifying deviations from the planned activities, and taking corrective actions to rectify the deviations.Evaluation is the process that is used to determine the effectiveness of the planning and controlling processes. It involves measuring the actual performance of the organization against the planned performance, identifying the areas of strengths and weaknesses, and developing strategies to improve the performance.The relationship between planning and controlling and evaluation is that the plans serve as a reference point for the controlling process. The controlling process ensures that the plans are being executed as intended, and the evaluation process measures the effectiveness of the plans and the controlling process. All these processes are interdependent and critical for the success of the organization.Planning and controlling and evaluation is considered as two sides of a coin because they are complementary and interrelated processes that are essential for the success of an organization.
Learn more about management process here :-
https://brainly.com/question/869693
#SPJ11
what elements of expresso lube location contribute to its success?
The success of Expresso Lube locations can be attributed to several key elements such as convenient locations, efficient service, and a focus on customer satisfaction.
What factors contribute to the success of Expresso Lube locations?The success of Expresso Lube locations can be attributed to their strategic choice of convenient locations.
By positioning their service centers in easily accessible areas, such as near highways or busy intersections, they attract a larger customer base and increase convenience for their target market.
This allows customers to conveniently get their vehicles serviced without going out of their way.
In addition to location, Expresso Lube places a strong emphasis on providing efficient service. They strive to minimize wait times and offer quick turnaround for oil changes and other automotive services.
This efficiency not only enhances customer satisfaction but also allows them to serve a higher volume of customers, leading to increased revenue.
Moreover, Expresso Lube's success is also a result of their focus on customer satisfaction.
They prioritize delivering a positive customer experience by ensuring friendly and knowledgeable staff, maintaining a clean and comfortable waiting area, and offering additional services such as car washes or complimentary beverages.
By consistently meeting or exceeding customer expectations, they build a loyal customer base and benefit from positive word-of-mouth referrals.
In summary, the success of Expresso Lube locations can be attributed to their convenient locations, efficient service, and commitment to customer satisfaction.
These elements work together to create a positive experience for customers and contribute to the overall success and profitability of the business.
Learn more about strategic choice
brainly.com/question/32380999
#SPJ11
Which of the following is true according to Markowitz Portfolio Optimization:
I. If two investors hold different risky portfolios, they must have different risk aversions.
II. Under normal market conditions, investors with greater risk tolerance hold portfolios with higher expected returns than investors with lower risk tolerance.
III. The composition of the optimal risky portfolio could be the same for all investors, but investors would still differ by the compositions of their total complete portfolios.
Multiple Choice
a) None of (a) through (d) correctly characterizes which statements are true
b) I, II, and III
c)II and III only
d)I and II only
e)I and III only
According to Markowitz Portfolio Optimization, the correct statement is: d) I and II only.
Two investors must have distinct levels of risk aversion if they each own a separate hazardous portfolio. This assertion is accurate. Markowitz when creating the ideal portfolio, Portfolio Optimisation takes each investor's level of risk aversion into account. Depending on their varying risk appetites, investors may choose to allocate their portfolios differently.
Investors with higher risk tolerance maintain portfolios with higher projected returns than investors with lower risk tolerance under typical market circumstances. This assertion is also accurate. With a given level of risk, Markowitz Portfolio optimization seeks to maximise predicted return. greater risk-taking investors are more ready to take on risk, which may lead to greater projected returns in their portfolios.
Read more about Markowitz on:
https://brainly.com/question/31514435
#SPJ4
Land labor capital on strawberries
do you like lauge arts it is supper fun in cool
Answer: It's really confusing. its just mid.
Explanation:
Hiring managers spend at least an hour reviewing an applicants résumé.
A. True
B. False
Answer: False?
Explanation:
Hiring managers spend often 30 sec to 2 minutes reviewing an applicants resume.
Trio Company reports the following information for its first year of operations. Direct materials $ 19 per unit Direct labor $ 20 per unit Variable overhead $ 8 per unit Fixed overhead $ 242,400 per year Units produced 20,200 units Units sold 16,000 units Ending finished goods inventory 4,200 units 1. Compute the product cost per unit using absorption costing. 2. Determine the cost of ending finished goods inventory using absorption costing. 3. Determine the cost of goods sold using absorption costing.
1. The product cost per unit using absorption costing is calculated as follows: Direct materials per unit + Direct labor per unit + Variable overhead per unit + (Fixed overhead per year ÷ Units produced) = Product cost per unit $19 + $20 + $8 + ($242,400 ÷ 20,200) = $51.99 per unit
2. The cost of ending finished goods inventory using absorption costing can be calculated by multiplying the product cost per unit by the number of units in ending finished goods inventory.
$51.99 per unit x 4,200 units = $218,358
3. The cost of goods sold using absorption costing can be calculated as follows:
Cost of goods sold equals units sold times product cost per unit.
16,000 units x $51.99 per unit = $831,840
Absorption costing is a method of costing that includes all of the direct costs and overhead costs associated with the production of a product. The cost of the product per unit includes direct materials, direct labor, and variable overhead expenses. In addition, a portion of fixed overhead costs is allocated to each unit of product based on the number of units produced. This method of costing is used to determine the full cost of a product and is commonly used for external financial reporting purposes.
1. Use absorption costing to get the product cost per unit.
The product cost per unit using absorption costing is $51.
To calculate the product cost per unit using absorption costing, you need to consider all manufacturing costs, including direct materials, direct labor, variable overhead, and fixed overhead. Determine the fixed overhead cost per unit first.
Fixed overhead per unit = Total fixed overhead / Total units produced
= $242,400 / 20,200 units
= $12 per unit
Now, add all the per-unit costs together:
Product cost per unit = Direct materials + Direct labor + Variable overhead + Fixed overhead per unit
= $19 + $20 + $8 + $12
= $51 per unit
2. Utilize absorption costing to calculate the price of ending finished products inventory.
To find the cost of ending finished goods inventory, multiply the product cost per unit by the number of units in the ending finished goods inventory.
Ending finished goods inventory cost = Product cost per unit x Ending finished goods inventory units
= $51 x 4,200 units
= $214,200
3. Utilize absorption costing to calculate the cost of goods sold.
The cost of goods sold using absorption costing is $816,000.
To find the cost of goods sold, multiply the product cost per unit by the number of units sold.
Cost of goods sold = Product cost per unit x Units sold
= $51 x 16,000 units
= $816,000
To Know more about financial reporting
https://brainly.com/question/28458640
#SPJ11
Required information
[The following information applies to the questions displayed below.]
On December 1, Jasmin Ernst organized Ernst Consulting. On December 3, the owner contributed $83,390 in assets to launch the business. On December 31, the company’s records show the following items and amounts.
Cash $ 13,210 Cash withdrawals by owner $ 1,460
Accounts receivable 13,320 Consulting revenue 13,320
Office supplies 2,720 Rent expense 2,950
Land 45,910 Salaries expense 6,290
Office equipment 17,350 Telephone expense 830
Accounts payable 7,970 Miscellaneous expenses 640
Owner investments 83,390
Using the above information prepare a December income statement for the business.
Based on the information given the December statement of cash flows for Ernst Consulting is $2,610.
Income statement:ERNST CONSULTING Income Statement For Month Ended October 31
REVENUES
Consulting fees earned $13,320
Total revenues $13,320
EXPENSES
Rent expense $2,950
Salaries expense $6,290
Telephone expense $830
Miscellaneous expenses $640
Total expenses $10,710
($2,950+$6,290+$830+$640)
Net income $2,610
($13,320-$10,710)
Inconclusion the December statement of cash flows for Ernst Consulting is $2,610.
Learn more about income statement here:https://brainly.com/question/21851842
which of the following statements is correct? multiple choice the wacc measures the before-tax cost of capital. an increase in the firm's marginal corporate tax rate will decrease the weighted average cost of capital. flotation costs can decrease the weighted average cost of capital. none of these choices are correct.
The correct statement among the given options is that "none of these choices are correct."
- The WACC (weighted average cost of capital) measures the after-tax cost of capital, not the before-tax cost of capital. This is because the cost of debt is tax-deductible, so the after-tax cost is a more accurate reflection of the true cost to the firm.
- An increase in the firm's marginal corporate tax rate will actually increase the WACC, as the cost of debt (which is a component of WACC) will increase due to the reduction in tax shield.
- Flotation costs, which refer to the costs associated with issuing securities, can actually increase the WACC. This is because these costs are a direct expense to the firm, and increase the cost of equity and/or debt.
Therefore, the correct statement is that none of these choices are correct.
Learn more about weighted average cost of capital: https://brainly.com/question/28561354
#SPJ11
Gross income includes all realized income that is recognized during the year.
T/F
Gross income includes all realized income that is recognized during the year. The statement is true.
What do you mean by gross income?Gross revenue for a person is the total amount of money earned before taxes and other deductions. You can receive your earned income in a variety of ways, including compensation, bonuses, gratuities, hourly pay, leasing income, dividends from equities and bonds, and interest on savings accounts.
Individual gross income is included in an income tax report and becomes adjusted gross income after certain deductions and allowances, which is then converted into taxable income.
Therefore, Gross income includes all realized income that is recognized during the year. The statement is true.
To know more about the gross income, visit:
https://brainly.com/question/26479727
#SPJ1
as your mother tells you the items she wants you to pick up at the grocery store, you will have a tendency to recall the items at the beginning and end of the list. this effect is known as
The tendency to recall items at the beginning and end of a list is known as the serial position effect. It's a common phenomenon that occurs because our working memory can only hold a certain amount of information at once.
As your mother tells you the items she wants you to pick up at the grocery store, your brain is processing and trying to store each item in your memory. However, the items that are presented at the beginning of the list have a higher chance of being stored in your long-term memory because they were the first items presented. Similarly, the items at the end of the list are also more likely to be remembered because they were the last items presented. This effect has been studied extensively in psychology, and it's been shown to have practical applications. For example, if you're trying to remember a list of items, you can use strategies like chunking or repeating the items to help improve your memory. If you're presenting information to others, you can use the serial position effect to your advantage by putting important information at the beginning or end of your presentation to increase the chances of it being remembered.
To know more about common phenomenon
https://brainly.com/question/30371180
#SPJ11
What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
Silva and Renate were given money in the ratio of 5 to 3. Silva's share was $60. How much did Renate receive.
Answer:
$36
Explanation:
share was $60. How much did Renate receive
The sharing ratio was 5 to 3:, Silva would get 5 portions and Renate 3 portions.
in fraction form, Silva would get 5/8 while Renate would get 3/8
If Silva got $60, Renate would get?
5/8 = 60: then 3 /8= 60/5 x 3
=12 x 3
=$36
What outcomes are possible with speculative risk?
(1) nothing will happen, (2) there will be a loss, or (3) there will be a gain or profit, these are possible outcomes with speculative risk.
Along with the possibility of gain or profit, the other unique element of speculative risk is choice.
For example, no sane person would choose to experience a house fire, a car accident, or a serious illness (all of which are insurable risks) —
but every person who invests in a company or places a bet on a sporting event has made a conscious choice to expose themselves to speculative risk.
Speculative risk is not insurable primarily due to the potential for moral hazard.
To know more about speculative risk
https://brainly.com/question/14632010
Financial Risks Unit Test (Connexus)
4/17/2023
1. What outcomes are possible with speculative risk?
Answer: all of the above
2. Which of the following choices incur speculative risk?
Answer: -stocks, -options,
3. What is risk reduction?
Answer: A strategy that reduces risk by minimizing the chance that the loss occurs or reduces the value lost.
4. What is risk transference?
Answer: A strategy where the risk of loss is shared with another person, entity or group.
5. Which of these options is a new type of insurance?
Answer: identity theft
6. Which of these choices are add-on options for insurance policies? Select the two correct answers.
Answer: -jewelry rider, -collision insurance
7. How much of the U.S. population is covered by some form of health insurance?
Answer: 92%
8. What is the largest health program in the United States?
Answer: Medicare
9. How are SSDI and SSI different?
Answer: SSDI is an insurance program paid out of the Social Security Trust fund and SSI is a needs-based program.
10. What is SSI?
Answer: a need-based program run by the SSA and only considers the financial need of the individual who is elderly or disabled
11. What does long-term care insurance provide?
Answer: It helps cover costs for the day-to-day care of people with chronic illnesses or medical conditions.
12. What does LTC usually cover?
Answer: day-to-day care
13. How might insurance be affected if the applicant has a dangerous job?
Answer: All of the options are possible.
14. What might happen if someone is dishonest on their insurance application?
Answer: The policyholder may be prosecuted for insurance fraud, which is a crime.
15. What is no-fault insurance?
Answer: Unlimited PIP mandated by the states to reduce the number of small and frivolous lawsuits.
16. Why does geographic location affect the cost of premiums?
Answer: Because insurance companies review the statistical history of claims for an area and if there is an increased risk of claims for accidents or theft, they will raise the premium.
17. Why is it important to review credit card charges every month to protect oneself against identity theft?
Answer: to identify any unauthorized charges so that they can be investigated as a potential red flag for identity theft
18. Which population is most often the victim of synthetic identity theft?
Answer: children
19. Why is it important to review credit card charges every month to protect against identity theft?
Answer: to identify unauthorized charges so that they can be investigated for identity theft
20. What is child identity theft?
Answer: someone uses the identity of someone who has minimal activity for their social security number to create a credit history
21. Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a fee for accreditation?
Answer: Only the BBB accredits companies, and it requires a fee for accreditation.
All of these answers are correct, hope this helps someone :)