BUSINESS HIGH SCHOOL

The difference between a secured loan and an unsecured loan is blank

Answers

Answer 1
Answer: A secured loan has claim on assets in case the lender defaults. For example, a home buyer takes out a loan (secured against the home) with a bank to buy home. If the home buyer can't make repayments (or even goes bankrupt), the bank can sell the home to recover their lost money.

An unsecured loan does not have claim on any assets. All else being equal, an unsecured loan has higher interest rate.
Answer 2
Answer:

Answer:

a secured loan requires a collateral and an unsecured loan does not.

Explanation:

Hope this helps. I got it correct on my Odyssey assignment.

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Pool Manufacturing manufactures parts for one type of pool. The managerial accountant provided the following data for April:Pool ManufacturingManufacturing Report for AprilNumber of parts produced40,000 partsStandard variable manufacturing overhead rate$35 per machine hourStandard hours required per part0.20 machine hoursActual machine hours3,250 machine hoursActual variable manufacturing overhead costs$102,000What are the actual variable manufacturing overhead costs in April associated with the manufacturing the pool parts?The actual costs in April associated with the manufacturing the pool parts = $102,000.The costs are given to you in the information in the problem.
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Kay and Jenny's, a restaurant, implements a new system that identifies and gathers information about its regular customers. It rewards these customers by giving them gift coupons and cash prizes. This is most likely an example of _____.

Answers

Answer:

Customer relationship management (CRM)

Explanation:

Customer relationship management can be defined as a set of technologies, strategies and practices related to a business, whose main objective is to focus on the relationship with the customer.

The information age has revolutionized the way companies relate to their customers, nowadays digital media and new technologies have enabled greater interactions between company and customer, which created a need for companies to also seek corporate strategies and technologies that would bring relevant benefits for business success. Some of the CRM platforms enable companies to gather information from customers in order to manage sales opportunities and leads, in addition to organizing accounts and contacts in an accessible way and optimizing and accelerating the sales process.

On April 1, Robert LLC purchased two units of inventory, A and B. The cost of unit A was $655, and the cost of unit B was $575. On April 30, Robert LLC had not sold the inventory. The net realizable value of unit A was now $675 while the net realizable value of unit B was $505. The adjustment associated with the lower of cost and net realizable value on April 30 will be:Cost of Goods Sold 70 Inventory 70Inventory 70 Cost of Goods Sold 70Cost of Goods Sold 85 Inventory 85Inventory 85
Cost of Goods Sold 85

Answers

Answer:

Cost of Goods Sold 70 Inventory 70

Explanation:

For recording the inventory in the book of accounts, we consider the cost or net realizable value whichever is lower

According to the question, the inventory unit for A would be recorded at $655, and the inventory unit for B would be recorded at $505 as these reflect the lower cost.

The journal entry is shown below:

Cost of goods sold A/c $70 ($575- $505)

    To Inventory A/c               $70

(Being adjusted entry recorded)

Allison is a licensed mortgage loan originator working full-time for Clear Cut Mortgage Company, a licensed lender. She has been offered the opportunity to work part-time as a mortgage loan originator for the Jones Mortgage Company, another licensed lender, evenings and weekends. Can Allison lawfully accept the second job?A. Yes, her individual MLO license would be transferable between the two licensed lenders.
B. No, a mortgage loan originator is prohibited from working for two companies as a MLO at the same time.
C. No, working for two lending companies at the same time may cause a conflict of interests.
D. Yes, however, she must apply for a dual license which allows her to work for both companies

Answers

Answer:

I BELIVE IS

Explanation:

No, a MLO is prohibited from working for two companies at the same time. HOPE IT HELPS

Savvy Skin Care, a U.S.-based beauty products manufacturer, has set up a manufacturing plant in Hong Kong. This is an example of_________.a.global rivalry.
b.the globalization of markets.
c.exporting.
d.foreign direct investment.
e.international trade.

Answers

Answer:

Foreign Direct Investment

Explanation:

If Savvy Skin Care, is a U.S.-based beauty products manufacturer and has set up a manufacturing plant in Hong Kong. This is an example of Foreign Direct Investment.

Foreign Direct Investment (FDI) is when an a firm or individual in one country makes investment into business interests in another country.

In the scenario above, Savvy Skin Care is a firm in the U.S. but is making investments in pursuit of business in another country. This is an exact example of Foreign Direct Investments

The day-to-day business of the UN is performed by the (2 points) Secretariat. Security Council. Secretary General. General Assembly.

Answers

The day to day business of the UN is performed by the Secretariat

This day to day business including : Setting up Today's agenda for the deliberative members of the UN and implementing the decision made by the United Nation's Councils

Answer:

C UN peacekeeping forces.

Explanation:

UN peacekeeping forces have the role to prevent conflicts in certain parts of the world. For example during the war conflict in Bosnia during the 90s UN forces were sent to help the people, prevent conflicts.

The direct link between customers and the company is performed by: legal services marketing information chemists environmental chemists corporate management

Answers

The right answer for the question that is being asked and shown above is that:  "marketing information." The direct link between customers and the company is performed by the marketing information. They are the ones who channel their needs and etc.

Answer:

The correct answer is B. Marketing
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