The false statement is 'A debit card never has a MasterCard or Visa logo on it.' Debit cards can bear these logos, as they are payment systems networks. The other statements regarding the function and security of debit cards are true.
Explanation:The false statement that is options is A. A debit card never has a MasterCard or Visa logo on it. That's not true. Debit cards are often issued by banks and they can bear the logo of MasterCard or Visa, as they are payment systems. It indicates where these cards are accepted as a form of payment.
The other three statements are true. Your debit card is like cash. When you use a debit card, the money is directly deducted from your banking account, just like how cash functions when you pay with it. we cannot borrow money using a debit card. Payment is made from the money you already have in your account, unlike a credit card where you borrow money from the bank to make a purchase. Lastly, Losing your debit card to friends is a not smart thing to do. It can pose risks to your financial security as debit card details can be misused for unauthorized transactions.
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In geoffrey chaucer’s time, the makers of the fine objects we can see today in the world’s great art museums learned their trade in associations called ______.
A truck belonging to office furnishing failed to yield the right of way at an on ramp and crashed into an automobile. Damages included 1,800.00 to the truck and 4,000.00 to the car. In addition, the drivers of the crash was granted 56,000.00 of internal injuries from the collision. Office finishing carries 50/100/10 liability, comprehensive and 250.00- deductible collision insurance. How much of the total expenses is office furnishing responsible for?
Answer:
$250
Explanation:
A 50/100/10 insurance policy means that the policy will cover a maximum of $50,000 for individual injuries, $100,000 as maximum liability for total personal injuries and $10,000 for property damage.
Property damages = $1,800 + $4,000 = $5,800 (fully covered by the policy, max. $10,000).
The drivers, meaning more than 1, therefore we assume that $56,000 was used to cover total personal injuries (fully covered by the policy, max. $100,000).
Therefore, office furnishing must only pay the $250 deductible, since the policy covers the rest of the expenses.
Holton is the manager at a small restaurant. What can he do to ensure the workplace offers a safe environment for employees?
Answer and explanation:
When managing a restaurant it is important to keep certain safety guidelines to ensure the employees' well-being. Installing smoke detectors, making sure the cooking area is clean and out of plagues, giving employees special uniforms to ensure hygiene and prevent burns, and keeping a first-aid kit in front of mild emergencies are some practices managers should promote.
For a report to focus on the needs of typical business readers today, it needs to be trustworthy, contain decision-related information, and:
A. put the summary at the end of the discussion.
B. use complicated language to impress the readers.
C. require a password to open the report document.
D. make it easy for readers to get the point quickly.
Answer:
D. make it easy for readers to get the point quickly.
Explanation:
For a report to meet the needs of business readers, it must be reliable, contain relevant information, and make it easier for readers to quickly understand the information they want to convey. This can be accomplished through simple but punctual language. That's because the reports need to be clear so readers can make their decisions.
D. The report needs to be trustworthy, contain decision-related information, and make it easy for readers to get the point quickly.
Business executives are often busy and under pressure to make quick decisions with incomplete data. They value concise, well-organized reports that allow them to quickly grasp the key points, insights, and recommendations. Using complicated language to impress readers or requiring a password can create unnecessary barriers.
Therefore, it is crucial to present the report in a clear and accessible manner, enabling the readers to understand the information efficiently.
A ____ channel is the path that goods and services take to go from the producer to the consumer.
Final answer:
A commodity chain is a series of steps that goods and services follow from producer to consumer, making up the supply chain. Different channels may be used for selling, which affect product demand and include the distribution of information about the product.
Explanation:
A commodity chain is the path that goods and services take to go from the producer to the consumer. It encompasses the series of steps a product takes from the location where it is produced to the store where it is sold to consumers. This includes production, processing, distribution, and retail, known collectively as the supply chain. Different businesses may choose various channels for selling their goods. These can include operating their own commercial establishments, selling wholesale to other retailers, or using modern methods like the Internet, telephone, or mail order. It is essential for businesses to understand how these channels affect demand for their products.
Information, like the product itself, moves through these channels in a step-by-step process, and the number of channels as well as the time spent in each channel can vary. For example, when purchasing a soda, the transaction includes your payment to the store (a flow of personal consumption) and you receiving the soda (part of the flow of consumer goods and services from the firm to households).
Which of the following statements are TRUE about credit scores?
A.Credit scores reflect how likely individuals are to repay their debts.
B.Only the credit bureaus know exactly how credit scores are calculated.
C.Both A & B
D.Neither A nor B
Which of the following is not an example of how media coverage of the Space Race affected the economy?
The media only covered positive elements of the Space Race and never mentioned any setbacks.
Space memorabilia were made and sold to the public to celebrate successful launches.
Astronauts became public heroes and helped sell the image of the space program.
The race to beat the Soviet Union to the Moon supported the growth of NASA and its facilities.
Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.
The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.
Apples are part of which factor of production?
a. land
b. labor
c. capital
d. scarcity user: which of the following is not a factor of production?
a. land
b. labor
c. capital
d. pollution
Answer:
a. land
d. pollution
Explanation:
Production factors is an economic term used to describe the elements that are essential for all productive sectors in a country. In short, it is around these factors that the entire production chain of a company, or an organization, is established.
These factors are: land, capital and labor.
The land is home to factors related to natural resources such as plants, fruits, soil, water, vegetables, among others. Capital refers to the resources related to producing goods and services, such as money, cars, machinery, equipment, among others. Finally, the work refers to human labor, which will make the entire production process working.
1.The hope of reward that encourages a person to behave in a certain way is a(n) _______.
2.A bridge is an example of something that is usually provided as a _________.
3.To show how demand for a good will change at specific price points, economists use a ____.
Answer:
1. The hope of reward that encourages a person to behave in a certain way is a(n) incentive
2. A bridge is an example of something that is usually provided as a public good
3. To show how demand for a goodwill change at specific price points, economists use a demand schedule.
Explanation:
1. The hope of reward that encourages a person to behave in a certain way is a(n) incentive
An incentive is an item of value, an object, or desired action or event that spurs an employee to do more of whatever he/she was encouraged by the employer to do through the chosen incentive.
2. A bridge is an example of something that is usually provided as a public good
A public good has two key characteristics: it is nonexcludable and nonrivalrous. These characteristics make it difficult for market producers to sell the goods to individual consumers.
The first characteristic, that a public good is nonexcludable, means that it is costly or impossible to exclude someone from using the good. If John buys a private good like a cake, then he can exclude others, like Mary, from eating that cake.
The second main characteristic of a public good—that it is nonrivalrous—means that when one person uses the public good, another can also use it. With a private good like apple, if Job is eating the apple, then Mark cannot also eat it—the two people are rivals in consumption.
3. To show how demand for a goodwill change at specific price points, economists use a demand schedule.
A demand schedule is a chart used to display the number of goods or services demanded at specific prices. It can also be referred to, it’s a table that shows the relationship between the price of goods and the amount of goods consumers are willing and able to pay for them at that price. It is usually based on the demand curve that shows the inverse relationship between quantities demanded and price. As the price of a good increases, the quantity demanded decreases. It helps management to plan production processes by looking at the schedule and figure out how many units consumers will demand based on the price.
You are a lawmaker, and you get to decide what to do with this year's budget surplus. Write a brief proposal explaining whether the surplus should be used for new spending, tax cuts, or to buy back bonds and cut interest payments. Include an explanation for your proposal.
As the lawmaker the surplus from the budget would be suggested to be used for new spending.
Why should the suplus budget be used for new spending?This would help to stimulate the economy. That is increases in the rate of government expenditure is an expansionary monetary policy.
It would help the nation to get new infrastructures which would also lead to more employment in the nation.
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A small business loan is used to pay for the costs associated with starting your own company? True or false
Answer: True
Explanation:
A small business loan is known to be a loan given to an individual in order to start a business. The loan is used for running the day today activities of the business. The borrower that is the business owner reaches an agreement with the lender to repay the loan with interest over a specified period of time.
Answer:
TRUE
Explanation:
Loans are forms of financing entrepreneurial activities. Only entrepreneurial initiatives are the ones that most seek loans. Small businesses borrow money to cover the costs associated with starting up. For example, if you want to open an ice cream parlor but have no money, you can borrow from your bank to invest in your business.
If you were in charge of managing a group of employees, how would you assess their job performance? Describe at least two methods you would use
what is the first action you should take if you suspect there has been a fraudulent charge on your credit card?
Contact the credit card company is the first action we should take if we suspect there has been a fraudulent charge on the credit card.
Further explanation:
Credit card:
Credit card is issued by financial institutes such as banks. A credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. A credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.
Steps to be taken if a fraudulent charge on the credit card happened:
The first step is to inform the credit card company regarding the fraudulent issue. Change the password or pin of the credit card. Inform the company and call the police of the region. Check the statements of the credit card. Check the online shopping details. Maintain the balance and keep an eye on the amount of the credit card bills and statements.
Thus, the first step is to inform the credit card company regarding the fraudulent charge onthe credit card.
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Answer details:
Grade: High School
Subject: Business studies
Chapter: Money and banking
Keywords:What is the first action you should take if you suspect there has been a fraudulent charge on your credit card, statements, cards, online shopping, credit card bills, shopping, credit card company, password, pin, keep an eye, police, region.
Why did manufacturers hire children to work in their factories?
Jonathan loses his job a few months after graduating from college. His parents co-signed his student loans while he was in college. Jonathan wants to defer the student loans until he finds another job. What effect will deferring his loans have?
His co-signer will be liable.
He will be unable to apply for a job.
He will not risk defaulting.
His credit card will be in default.
pretty sure its a
Owners of the teams in the nfl started the league as a way to make money by providing entertainment to their audiences. what type of result happens when the nfl team owners make a lot of money?
a. latent function
b. manifest function
c. social deconstruction
d. social dysfunction
Which of the following most accurately explains why fiat money differs from commodity money?
Fiat money can also be used as a productive input.
Fiat money has value because it is a precious metal such as gold.
Fiat money only has value as a medium of exchange.
Fiat money has value because it enables the barter system to work.
Final answer:
Fiat money differs from commodity money in that it only serves as a medium of exchange and has value solely due to government declaration, not because of any intrinsic value, unlike commodity money which has other uses beyond being a medium of exchange.
Explanation:
The main difference between fiat money and commodity money is that fiat money only has value because it is declared as legal tender by a government and it serves solely as a medium of exchange. It has no intrinsic value. On the other hand, commodity money has intrinsic value as it can be used for other purposes besides being a medium of exchange, such as gold, which is valued for its physical properties and industrial uses.
Historically, people have used various items like gold, cowrie shells, and cocoa beans as commodity money because they had value outside of their use as money. With the rise of more complex and global economies, the use of commodity monies became impractical, leading to the adoption of fiat currencies like the U.S. dollar. The value of fiat money is based on universal faith and trust in its value as authorized and maintained by governmental decree. The Fed monitors measures of money supply, including M1 and M2.
What is a graphical representation of the combination of goods and services that can be produced in a situation?
Answer:
Production Possibility Curve
Explanation:
E2020
All of the following would be considered closing costs except for: a) A title search b) Cost of repainting the kitchen before moving in c) Fee for obtaining credit report d) Title insurance
Answer:
Cost of repainting the kitchen before moving in
Explanation:
For which market model is there a very large number of firms?
A. monopolistic competition
B. oligopoly
C. pure monopoly
D. pure competition
Answer:
On USAtest prep its C perfect competition
Explanation:
whats the voc word for market with a large number of firms or producers
1. Which of the following is a reason that your company might not want to increase its market share?
A. The market saturation for your product is low.
B. Many of your company's competitors have bad reputations.
C. Your company has a limited capacity for producing your product.
D. The price of your product is very competitive.
2. As a factor of production, how is capital created?
A. By adding land to entrepreneurship
B. By adding human labor to land
C. By removing land from services
D. By using labor to create services
Answer:
1: C) Your company has a limited capacity for producing your product.
2: B) By adding human labor to land
Explanation:
1: Most companies would be very happy and willing to increase their market share since they would sell a larger quantity of products or services. Usually the more you sell, the larger your profits. The only reason why a company might not want to increase its market share, or sell more products or services, is that they have reached their full production capacity. Once a company reaches it full production capacity, they must carry new investments in order to increase it, and that may require a lot of money.
2: capital is not only money, it is mostly machinery, tools, buildings, etc.
And how are machines and tools built?
Humans start to work and they use land (natural resources) to build machines and tools.
What is the likely impact of filing bankruptcy on a student loan ?
a. The Loan amount will stay the same, but the balance will stop accruing interest
b. The Loan repayment schedule will be adjusted longer
c. None of the answers are correct
d. The Loan payment amount will be adjusted lower
List at least three tools or services that are available when you open a savings account.
The fee you must pay each month is known as the _____.
Which of these laws was created in order to protect consumers?
A. pollution laws
B. product safety laws
C. wage laws
D. equal opportunity laws
In order for information to be meaningful, a firm’s accounting processes and procedures should be certified as accurate by acceptable accounting standards. companies hire ________ to provide unbiased opinions about the accuracy of a firm’s financial statements.
Which of the following would be the main reason you use the task feature?
A) To be able to find your contacts quickly.
B) To help organize our emails
C) To help manage your time effectively
D) To help manage your contacts
To help manage your time effectively which would be the main reason you use the task feature. The correct option is C.
What is the purpose of the learning task?Learning tasks should build on previous activities rather than being repetitive, and they should allow students to engage with and develop their skills, knowledge, and understanding in a variety of ways. Meaningful activities involve students in ways that are active, constructive, intentional, authentic, and cooperative.
Task management software allows you to consolidate all of your activities in one location, eliminating the need for multiple passwords and accounts. It eliminates the risk of information being deleted or lost, which can greatly improve the efficiency of the work your team does on a daily basis.
Thus, the ideal selection is option C.
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What is the current value of a future sum of money called?
Many people are surprised that working for a charitable organization can be as good for your career as working for a:
A. Lemonade stand.
B. Parent.
C. Fortune 500 company.
D. Child.
Working for a charitable organization can be as beneficial to one's career as working for a Fortune 500 company due to the valuable skills and experiences gained. Effective Altruism endorses maximizing impact through strategic career choices, like earning to give, rather than direct volunteering.
Many people are surprised to learn that working for a charitable organization can be as good for your career as working for a Fortune 500 company. This may in part be due to the vast array of skills and experiences one can gain in the nonprofit sector, which can be highly valued in the corporate world as well.
Furthermore, in today's career landscape, having a diverse range of experiences, including those gained from working with nonprofits, can enhance an individual’s resume as it shows a commitment to social responsibility and provides a broad perspective. Career development is not just about the prestige of a company, but also about the learning opportunities and contributions to society that can arise from different types of work.
An argument presented by Effective Altruists suggests that if we aim to maximize the good we do, prioritizing earning to give—such as working overtime and donating to highly efficient charities like those recommended by Effective Altruist organizations—can be more impactful than direct volunteering, like working in a soup kitchen.
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fears
rituals
emotions
social values