BUSINESS HIGH SCHOOL

Suppose your bank honors a check for which you don't have sufficient funds in your checking account. This action means that you've arranged beforehand for a/an A. installment loan.
B. mortgage loan.
C. personal loan.
D. overdraft loan

Answers

Answer 1
Answer: D. OVERDRAFT LOAN.

An overdraft loan is an granted by the bank when the check you issued is not covered by the amount in your account. The bank will honor your check but you have to pay them the difference as well as the interest that accompanies the granting of the overdraft loan.

It is better to have this arrangement with your bank rather than have the bank not honor your check and return the check to the depositor with the reason insufficient funds. Accounts with more than three bouncing checks will automatically be closed by the bank.

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which types of industries are likely to use the lower-of-cost-or-net realizable value (lcnrv) basis most frequently?

Answers

Industries that are likely to use the lower-of-cost-or-net realizable value (LCNRV) basis most frequently are those that deal with inventory or stocks, such as retail, wholesale, and manufacturing industries.

This is because they need to account for the value of their unsold inventory, and LCNRV is a commonly used accounting method to estimate the value of inventory that may have become obsolete or damaged.

Additionally, industries that deal with perishable goods or those that have a short shelf life, such as the food and beverage industry, are more likely to use LCNRV as they have a higher risk of inventory spoilage or obsolescence.

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Which of the following correctly pairs a financing option with its description

Answers

If this question has the same set of choices like the other ones posted here, then the answer would be letter C. 529 plan- money you save.

Choices to this question are:
A) grants & scholarships-money you earn
B) federal student loans-free money
C) 529 plan-money you save
D) federal work-study program-money you borrow

>>things to note:
A) grants & scholarships- free money to pay for college
B) federal student loans-"low-interest loans for students and parents to help pay for the cost of a student's education 
C) 529 plan-college savings plans help families set aside funds for future college costs.
D) federal work-study program-a form of financial assistance provided to students through part-time employment

Cool People Publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they are positioned to profitably serve this group of consumers. Cool People utilizes the strategy of:a. narrowcasting.
b. target marketing.
c. primary marketing.
d. focus group selection.

Answers

The answer would be : B. Target Marketing

In Target Marketing, the firm planned to expose and delivered to a specific group of people called 'target group' ( this group of people usually have a same characteristic such age, gender, wage level, life style, etc). In this case, the target group is African-American teenage girls

Before starting a business, many people find it useful to describe the way the company will operate in which of the following?A. Shares of stock
B. Its advertisements
C. Partnership contracts
D. A business plan

Answers

D. A business plan. Having a business plan is very important because that's where you talk about all the actions you are going to take in order to create your company or business. It's where you describe your goals, your marketing strategy, and everything related to the functioning of your business.
the answer is letter D.

One responsibility of the Center for Drug Evaluation and Research is to work with product marketers.a. True
b. False

Answers

Probably False. They are a center that does research on Drugs and motoring their use. They may buy something to see and test, yet what would they need to be making buying and selling transactions for when researching drugs. 

I could be wrong, but see. Hope your grade will be fine. 

Which one of the following items should be included in a personal contract a. A sample contract from another person b. The stage of change when you finish c. The time of day you begin your plan d. The opinion of related specialists and experts

Answers

Option D regarding the opinion of third parties would not form part of an initial contract. There is no need for outside opinions on a personal contract, as by very definition a personal contract is something that you fill out independently.
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