BUSINESS HIGH SCHOOL

All of the following make up the big three credit reporting agencies EXCEPT: A: Equifax
B: TransUnion
C: Experian
D: Federal Reserve

Answers

Answer 1
Answer: The Federal Reserve is not a credit reporting agency. It is the main banking system in America, created in the 1910s. Credit reporting agencies work with banks such as the Federal Reserve to help the bank - or another type of business - decide whether a person they lend money to will be able to pay it back.
Answer 2
Answer:

The Federal Reserve is not a credit reporting agency. This also implies the correct answer is D.

The Federal Reserve is the America central bank while a credit reporting agency refers to a business that keeps individuals or businesses credit information. The top credit reporting agencies include Equifax, Transunion, and Experian

Further Explanation

Federal Reserve is considered the most powerful sector in the US; it is a major player in controls of the world money.

The Federal Reserve is comprised of two components, which include

  1. The board of governors
  2. The federal open market committee

The functions performed by the board of governors include

  • It sets reserve requirement for banks
  • It has a total of 7 members
  • It controls monetary policy
  • It sets the discount rate

The federal open market committee performs the following functions:

  • It controls the operation of the open market
  • It set the target for fed fund rate

In General, the Federal Reserve System has some core functions and these include:

  • It controls the affairs of the banking
  • It manages inflation

However, some of the functions of credit reporting agencies include:

  • Maintaining credit information
  • They give credit report
  • They also calculate credit scores.

The three largest credit reporting agencies include

  1. Equifax
  2. Transunion
  3. Experian

LEARN MORE:

KEYWORDS:

  • credit scores
  • agencies
  • federal reserves
  • banks
  • united states

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One of the DCs in your company reports that it has an Active Directory error. You need to fix it as quickly as possible to reduce downtime. Which of the following tools can you use to stop and restart AD DS on that server? (Choose all that apply.)a. Active Directory Domains and Trusts
b. Server Manager
c. Device Manager
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Answers

Answer:

The correct answer is B

Explanation:

Server manager is the management which console in the Windows server, that helps the professionals of IT to manage as well as for provision both remote and local Windows grounded servers from the desktops without the need to enable the RDP (stands for Remote Desktop protocol) connections to the server.

So, Server manager tool or technique is needed to restart as well as stop the AD and DS on the server.

If your vehicle has an EFI system, A. press down on the accelerator before starting your engine.












B. press down on the accelerator while starting your engine.












C. do not press down on the accelerator before or during starting your engine.












D. it will only start in neutral.

Answers

C: electronic fuel injection system control the fuel and air flow automatically during ignition. (In fact the most modern system probably completely ignore throttle input during ignition, at least those that are drive by wire rather than mechanical connections)

Each of the following transactions appear on the statement of cash​ flows, EXCEPT: A. acquiring longminuslived assets. B. selling longminuslived assets. C. disposing of longminuslived assets for no cash proceeds. D. depreciating longminuslived assets.

Answers

Answer:

The correct answer is C

Explanation:

Longminuslived assets are those assets which are termed as the long term assets, and its example are property, plant, land, building, furniture and fixtures.

Cash flow statement is the financial statement which provides the total data in relation to all the cash inflows receives from its ongoing operations of the company and external sources of the investment. The statement also involves the cash outflows which is paid for the business investments and activities during a period.

So, the transaction which is not involved in the statement is the disposing of the assets for the no cash proceeds.

A Transaction Processing System is _____. A) A system that captures detailed data created by business processes

B) A set of integrated programs that manage a company's vital business operations across multiple functional areas

C) A system that supports the planning, executing, and controlling of all activities involved in raw material sourcing and procumbent, converting raw materials to finished products, and warehousing and delivering finished products to customers

D) A system that tracks the accounting records of a business

E) A system that helps manage customer information, customer encounters, marketing and advertising campaigns, sales, service after the sale, and customer loyalty programs

Answers

Answer: The correct answer is "A) A system that captures detailed data created by business processes".

Explanation: A Transaction Processing System is a system that captures detailed data created by business processes.

It is generally one of the most widely used types of system since it effectively facilitates the repetitive routine transactions that arise from commercial processes of any kind. This system works with data, but does not analyze or organize it, that is, it does not transform it into information.

Net worth is the amount you owe creditors.
a. True
b. False

Answers

Answer:

False

Explanation:

Net worth is the amount money from the assets you own minus your debts.

Tally Corp. sells software during the recruiting seasons. During the current​ year, 18 comma 000 software packages were sold resulting in $ 450 comma 000 of sales​ revenue, $ 130 comma 000 of variable​ costs, and $ 50 comma 000 of fixed costs. If sales increase by $ 80 comma 000​, operating income will increase by​ ________. (Round interim calculations to two decimal places and the final answer to the nearest whole​ dollar.)

Answers

Answer:

operating income will increase by $56,889

Explanation:

current income statement:

total revenue           $450,000

- variable costs       ($130,000)

gross margin           $320,000

- fixed costs             ($50,000)

operating income   $270,000

income statement with sales increase:

total revenue          $530,000

- variable costs         ($153,111)

gross margin            $376,889

- fixed costs             ($50,000)

operating income    $326,889

operating income will increase by $56,889

variable costs = $130,000 / $450,000 = 28.89%

Answer:

$26,300.

Explanation:

The operating income for the current year is $270,000 (450,000 - 130,000 - 50,000). When sales change, variable costs also change with the change of output, but fixed cost remains the same. So we have to calculate the variables costs when sales increase by $80,000. To do so, variable expense ratio, calculated as variable expense / sales, will be used.

So, variable expense ratio is .29 (130,000 / 450,000).

Calculation for Change in Operating Income when sales are $530,000 (450,000 + 80,000) is as follows:

Sales revenue                                                                    $530,000

Variable costs (530,000 * .29)                                           (153,700)

Fixed costs                                                                           (80,000)

Operating Income                                                             $296,300

⇒ Operating Income will increase by $26,300 (296,300 - 270,000) when sales increase by $80,000.
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