BUSINESS HIGH SCHOOL

Over the past month, National Bank has participated in several credit activities. Specifically, it has 1) processed loan payments 2) filed currency transaction reports 3) determined credit evaluation criteria 4) sent thank you letters. Which option correctly lists an activity that is covered by ECOA?

Answers

Answer 1
Answer:

Answer:

3) determined credit evaluation criteria

Explanation:

National Bank has participated in several credit activities. Specifically, it has determined credit evaluation criteria

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The weighted-average method a. calculates an average unit cost by dividing the total cost of goods sold by the total units sold. b. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale. c. calculates an average unit cost by adding the total cost of goods available for sale to the total units of goods available for sale. d. none of the above
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One way to think about TQM is as a business philosophy centered around seven core ideas, or principles: __________ refers to companies expanding their TQM efforts to include supply chain partners. If members of the supply chain do not share the same commitment to TQM, quality will suffer because suppliers’ materials and services ultimately become part of the company’s product or service.

Answers

Answer:supplier partnerships

Explanation:supplier partnership is a commitment over an extended time to work together to the mutual benefit of both parties, sharing relevant information and the risks and rewards of the relationship.

In quality control, extended relationship between buyers and sellers based on confidence, credibility, and mutual benefit. The buyer, on its part, provides long-term contracts and assurance of only a small number of competing suppliers. In reciprocation, the seller implements customer's suggestions and commits to continuous improvement in quality of product and delivery.

Answer:

Supplier Partnership

Explanation:

Supplier Partnership can be defined as the way in which companies tries to expand their total quality management (TGM) in order to include the supply chain partner in which the relationship, between them involve a commitment over a long period of time period in which if members of the supply chain do not share the same commitment to TQM the quality will suffer although partnerships with suppliers have proven to be valuable and essential in many companies' supply strategy.

Total quality management (TQM) is important because it helps to reduce error especially in manufacturing supply chain management and also help to improve customer experience and customer satisfaction.

The investing public generally understands that it is very difficult for auditors to detect fraud, so investors do not hold auditors accountable when auditors fail to detect fraud?

Answers

Answer:

False

Explanation:

"An auditor is a watchdog and not a blood hound". The purpose of conducting an audit is to provide 'reasonable assurance" and not 'absolute assurance' to the management of an entity and users of financial statements.

An auditor cannot be held liable for any misstatement or fraud if he proves that he did his work diligently, and acted bona fide, and as per the evidence available to him, arrived at such an opinion.

But, in cases wherein an auditor has acted grossly negligent or colluded with management or window dressing of accounts, such auditor would be held personally liable and accountable. For e.g Enron case.

Describe one technology used to travel to space and one technology used to return from space

Answers

One technology used to travel to space is a spacecraft. It is a vehicle or machine designed to fly in outer space. One technology used to return from space is a capsule. Astronauts occupy the capsule and as it goes down, the capsule performs systematic processes for a safe landing.

Dell Computer Corporation sells personal computers to colleges and universities, hospitals, civic clubs, charitable organizations, and foundations. This market is called a(n) ____ market.a. reseller
b. governmental
c. producer
d. consumer
e. institutional

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D. Consumer is they arket they sell too. 
E.Producer, because they make their own goods to sell to others.

In circumstances dealing with poverty, the term ______ means taking income from those with higher incomes and providing income to those with lower incomes.

Answers

Answer:

Redistribution or income redistribution

Explanation:

Income redistribution or redistribution is a economy practice aimed to balance the distribution of income in  a society though strategies or mechanisms which allow transferring of incomes from high-income earners to those with lower incomes.

As was mentioned before, there are some strategies such as progressive taxation to make the income redistribution, which consists of people with higher incomes pay higher taxes and low income earners pay a lower tax rate.

I hope it helps you

You own a monopoly in a new computer game market, where you have _____ market share.

Answers

You own a monopoly in a new computer game market, where you have ONE HUNDRED PERCENT (100%) market share.

A single seller having 100% market share is known as pure monopoly. 

Monopoly is a market condition wherein a single seller or company supplies the market a certain product or commodity. This is a market where competition is absent.
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