Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Application cover letter d. Follow up cover letter

Answers

Answer 1

Answer:

b. Networking cover letter

Explanation:

Answer 2

Answer:

It is B. Networking

Explanation:

Mrs. Martinez is requested to give information, not a job or interview.


Related Questions

Fred takes a personal assessment that tells him that he would be great in the Agriculture, Food, and Natural Resources career cluster. What did Fred most likely mark as interests?

Answers

Answer:

He marked as being outdoors, horticulture, raising animals

Explanation:

These are qualities for somebody who woudl be outdoors, be interested in horticulture and raising animals.

The cost of employee benefits is ____ the cost of salary and wage payments.

25 percent

31 percent

66 percent

200 percent

Answers

I believe the correct option is 31 percent

The cost of employee benefits is 31 percent the cost of salary and wage payments.

Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages.

These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few.

What are examples of employee benefits?

Here is a list of popular employee benefits in the United States:

Health insurance.Paid time off (PTO) such as sick days and vacation days.Flexible and remote working options.Life insurance.Short-term disability.

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t which stage of the buying decision process does a consumer experience dissonance?
A consumer experiences dissonance at the BLANK stage of the buying decision process.

Answers

I believe the answer is the post-purchase stage

Final answer:

A consumer experiences cognitive dissonance at the post-decision stage of the buying decision process, which is psychological discomfort due to conflicting thoughts about the decision made.

Explanation:

A consumer experiences dissonance at the post-decision stage of the buying decision process. Cognitive dissonance often arises after making an important decision, a phenomenon also known as post-decision dissonance or buyer's remorse.

This is the psychological discomfort people feel when they have conflicting thoughts about a recent decision, especially if it threatens their positive self-image or if the outcome was uncertain or unpredictable.

For example, if someone buys a new phone but then starts to doubt whether it was worth the cost or if another model would have been a better choice, they are experiencing cognitive dissonance. This discomfort due to cognitive dissonance is not only psychologically challenging but can also cause physiological arousal and brain activity in areas important for emotions and cognitive functions.

HELP ASAP!

A good question to ask yourself when you are thinking about putting money into savings or investments is “when will I need the money?”

TRUE OR FALSE?

Answers

The answer is true because if you ask yourself that you can plan ahead

A good question to ask yourself when you are thinking about putting money into savings or investments is “when will I need the money"? Hence,  the statement is true.

What is known as Investment?

Investments are financial commitments made to acquire assets in the hopes that their value will rise over time. Investment necessitates the loss of a current resource, such as time, money, and effort. In the world of finance, investing is done to profit from the asset being put to use.

An asset or object acquired to create income or recognition is referred to as an "investment." The purchase of products that aren't consumed right away but will be utilized to create wealth down the road is referred to as an "investment" in an economic outlook.

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What do right-to-work laws do?

Answers

Ban mandatory union membership is your answer.

Answer:

Right-to-work law is used to ban mandatory union membership ( option 2 )

Explanation:

The right-to-work law gives the worker the liberty to work with an organization/company without necessarily belonging to the existing union and also from paying union fees/dues. belonging to the unions at workplace by workers is a decision made solely by the worker and it is not to be mandatory option.

workers who don't belong to workers unions at their workplace are not protected by union laws, hence they are vulnerable to some form of victimization by the management of the company. without the backng of the union it is more difficult dealing with such situations.

Which combination would create medium growth and medium risk?

Answers

Hello,

Stocked based and boned-based mutual funds is the correct answer. Mutual funds are investment strategies that allow you to pool your money together with other investors to purchase a collection of stocks bonds, or other securities that might be difficult to recreate on your own.

Which statement about fiscal policy it not true

Answers

There are no statements here.

Answer:

It refers to the adjustment of an economy’s money supply by a central bank.

Explanation:

the proceeds of a $9,500.00, 10 percent simple discounted note for 95 days is?​

Answers

Answer:

$9253.00

Explanation

To find the proceeds, we need to first find the simple discount, D

The Formula for finding the simple discount is;

D = MdT

Where D = Discount = ?

M = Maturity Value = $9,500.00

d  = Interest Rate = 10% = 0.10

T = Time Duration = 95 days = 95 /365 year = 0.26

D = 9500 * 0.10 * 0.26 = $247.00

To find the proceeds,

Proceed = Maturity Value - Discount

Proceed = $9500.00 - $247.00

Proceed = $9253.00

Calculating the proceeds of a simple discounted note involves using a formula that subtracts the interest from the principal amount, resulting in $9,251.78 for a $9,500 note over 95 days.

The proceeds of a $9,500.00, 10 percent simple discounted note for 95 days can be calculated using the formula for simple discount.

The formula is: Proceeds = Principal - (Principal * Rate * Time).

Substituting the values, we get Proceeds = $9,500 - ($9,500 * 0.10 * 95/360).

Proceeds = $9,500 - ($9,500 * 0.10 * 0.2639) = $9,500 - $248.22 = $9,251.78.

Therefore, the proceeds of the $9,500 note for 95 days would be $9,251.78.

What is a opportunity cost?

Answers

Answer: An opportunity cost is a benefit ,profit, or value of something that must be given up to in order to achieve something else.

Explanation:

Answer:

Opportunity cost refers to missing out on other opportunities.

Explanation:

Which is always a cost when buying insurance?
premium
deductable
Co-payment
payout

Answers

Answer:

It would be premium!

Answer:

The answer is A on Edge. Premium.

Explanation:

100 Points Please Help!
6. What is the difference between a job and a profession? (1 point)
A job is the work you do and a profession includes the environment you work in.
A job is the work you do and a profession includes your career field.
A job is your career field and a profession includes your work environment.
A job is the environment you work in and a profession includes the work you do.
7. What is the purpose of a cover letter? (1 point)
to see if you and the company are a good match for each other
to state a career goal and the type of position you're looking for and the qualifying skills you have
to state a summary of your education and experience that's relevant to the job you're applying for
to state why you are applying for the job and what you can offer the company
8. What is the purpose of a resume? (1 point)
to see if you and the company are a good match for each other
to state a career goal and the type of position you're looking for and the qualifying skills you have
to state a summary of your education and experience that's relevant to the job you're applying for
to state why you are applying for the job and what you can offer the company
9. What is the purpose of a job objective? (1 point)
to see if you and the company are a good match for each other
to state a career goal and the type of position you're looking for and the qualifying skills you have
to state a summary of your education and experience that's relevant to the job you're applying for
to state why you are applying for the job and what you can offer the company
10. In order to apply for a job, you decide to write a résumé by the end of the week. Which type of goal is
writing your résumé by the end of the week?
(1 point)
immediate-term
short-term
medium-term
long-term
11. Which of the following is a true statement about a 401k? (1 point)
Contributions are not taxed until the employee retires.
Employers are required to match employee contributions dollar for dollar.
Employers deposit the money directly into the employee’s bank account.
There is a financial benefit for withdrawing the money before retirement.
12. What information can you find on a job search site? Select all that apply. (2 points)
Experience levels of jobs
Jobs by gender
Jobs by age
Location of jobs
Guarantees of interviews
13. Which type of job search resource would be most likely to charge a fee? (1 point)
Classified ads in newspapers and magazines
Employment agencies
Internet searches
Schools guidance counselors
14. Once you've graduated from college, how should you update your resume? (1 point)
remove grades of individual courses
remove references
remove special skills
remove volunteer experience
15. How is a college resume similar to or different from a job resume? (1 point)
A college resume focuses on employable skills, while job resume focuses on academics.
A college resume focuses on academics, while a job resume focuses on employable skills.
A college resume lists employable skills just like a job resume.
A college resume lists work history, while a job resume lists extra-curricular activities.
16. Which of the following should you do before a job interview? (1 point)
Ask about the number of working hours required
Ask about the salary and benefits
Maintain eye contact and practice good body language
Do research to learn about the company
17. When listing work experience, class projects, special skills, and activities on your resume, what is
important to remember?
(1 point)
to list as many examples of skills and activities as possible
to list only real work experience
to list those things related to the job you're applying for
to not worry about being asked to demonstrate the skills you say you have
18. Which of the following are true about resumes? Select all that apply. (2 points)
keep the resume length to one page
job experience should be listed in reverse chronological order
job objective should be listed at the end of the resume
references should be listed first in the resume
use action words when describing your experience

Answers

6. A job is the work you do and a profession includes your career field.

7. to state why you are applying for the job and what you can offer the company

8. to state a summary of your education and experience that's relevant to the job you're applying for

9. to state a career goal and the type of position you're looking for and the qualifying skills you have

10. Short-term

11. Contributions are not taxed until the employee retires.

12. Experience levels of jobs and job locations

13. Employment agencies

14. Remove individual grades of courses

15.A college resume focuses on academics, while a job resume focuses on employable skills.

16.Do research to learn about the company

17. to list those things related to the job you're applying for

18.job objective should be listed at the end of the resume

Answer to questions are :

Answer 6:

A job is the work you do and a profession includes your career field.

The difference between a job and a profession is that a job is a work you do and a profession includes your career field.

Answer 7:

To state why you are applying for the job and what you can offer the company.

The purpose of a cover letter is to state why you are applying for the job and what you can offer to the company.

Answer 8:

To state a summary of your education and experience that's relevant to the job you're applying for,

The purpose of a resume is to state a summary of your education and experience that's relevant to the job you're applying for in the future.

Answer 9:

To state a career goal and the type of position you're looking for and the qualifying skills you have.

The purpose of a job objective is to state a career goal and the type of position you're looking for and the qualifying skills you have.

Answer 10:

Short-term.

In order to apply for a job, you decide to write a resume by the end of the week, the type of goal is  writing your resume by the end of the week is a short-term of span.

Answer 11 :

Contributions are not taxed until the employee retires.

Contributions are not taxed until the employee retires is a true statement about a 401k.

Answer 12:

Experience levels of jobs and job locations.

The information can you find on a job search site are experience levels of jobs and job locations.

Answer 13 :

Employment agencies.

The type of job search resource that would be most likely to charge a fee is the employment agencies.

Answer 14:

Remove individual grades of courses.

Once you have graduated from college you should update your resume by removing individual grades of courses.

Answer 15.

A college resume focuses on academics, while a job resume focuses on employable skills.

A college resume focuses on academics, while a job resume focuses on employable skills is a college resume similar to or different from a job resume.

Answer 16.

Do research to learn about the company.

Do research to learn about the company should be done before a job interview.

Answer 17.

To list those things related to the job you're applying for.

Important to remember is to list those things related to the job you are applying for.

Answer 18.

Job objective should be listed at the end of the resume

The following are true about resumes is that the job objectives should be listed at the end of the resume.

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Star Associates invests mostly in start-ups and it pledges funds in exchange for a stake in the company. What can Star Associates also be known as? Star Associates can also be known as a/an ________ capitalist. Fill in the blank Plz:)

Answers

Answer:

Star Associates is a venture capitalist.

Explanation:

A venture capital is a type of private equity firm that specializes in investing on early-stage startup companies. In exchange, they would receive a percentage of ownership over the company, depending on how much money they pledged in the funding round that the company held. Many tech entrepreneurs in Silicon Valley and elsewhere in the US receive this form of funding when they just started their company. Each venture capital firm has its own policy on the type of company the usually invest in and the amount that they are willing to pledge.

Which best describes the effect of outsourcing on the labor market in the United States

immigration declines as workers move elsewhere

Wages and prices both increase steadily

competition for jobs increases and wages go down

the supply of labor decreases and productivity suffers

Answers

Answer:

Competition for jobs increases and wages go down.

Explanation:

Answer:

competition for jobs increases and wages go down

Explanation:

Quiz verified

an extended recessionary period is indicative of
A) a depression
B) the start of a depression
C) a growing recession
D) the end of a recession

Answers

Answer:

start of depression

Explanation:

An extended recessionary period is indicative of. A: An extended recessionary period is indicative of depression.

Answer:

B)  depression is the correct answer

Explanation:

Recession refers to a vital drop in economic activity.

Recession period causes financial loss while some of the companies become ruined.

During the recession period, the unemployment rate is high which is indicative of depression and people suffer from financial crises and gross domestic product decline.

In the recession period, there is a decline in the income, sales, GDP, employment and manufacturing

Thus An extended recessionary period is indicative of a start of depression"

Competitors who sell similar products using similar marketing plans are known as

Answers

Answer:

Strategic Groups of Competitors

Explanation:

These are business competitors, maybe firms or companies that have a similar business model.In this view, such competitors apply same strategies and plans when running their operations.These competitors might have similar business objectives and goals.A good examples is when two companies focus on activities to sustain competitive advantages thus they can apply a similar model when breaking down the market.

This question is incomplete. Here is the complete question:

Competitors who sell similar products using similar marketing plans are known as:

pair bonds.

strategic groups of competitors.

baseline competitors.

copycats.

Answer:

The correct answer is strategic groups of competitors.

Explanation:

Competitors who sell similar products using similar marketing plans are those who must compete with each other to be the best seller. This happens a lot in large companies that sell the same products and seek the same type of customers.

These competitors are known as strategic groups of competitors. Both have similar strategies with which they will compete to sell their products effectively.

What is consumer vigilance? Select the best answer from the choices provided. A. being aware of risks to consumers B. being fearful about consumer situations C. learning to catch identity thieves D. learning to how to commit fraud

Answers

Answer:

the right to be informed. the right to be safe. the right to choose. the right to be heard. avenues for redress ofconsumer grievances (e.g., state and federal agencies, consumer protection laws, private groups such as Common Cause, Better Business Bureau).

Explanation:

A. being aware of the risks to consumer

Final answer:

Consumer vigilance is being aware of risks to consumers, including potential fraud and identity theft, and taking an active role in using products safely and making informed financial decisions.

Explanation:

Consumer vigilance refers to being aware and attentive to issues that can affect consumers, including risks and potential fraud. It's about taking responsibility to use products safely, seek information, make informed decisions, and speak up about preferences and concerns. This vigilant attitude helps protect against identity theft and enables individuals to act responsibly when dealing with personal finances, such as investing, borrowing, banking, and managing credit.

Consumer Responsibility and Awareness

Consumer vigilance encompasses multiple aspects, such as creating a personal retirement plan, beginning a savings program, maintaining a checking account, understanding loans and borrowing obligations, and developing strategies to improve one's credit score. These actions all require personal financial literacy and reflect a vigilant attitude towards managing one's economic life.

Avoiding Fraud and Identity Theft

Part of consumer vigilance involves learning how to recognize and protect oneself against identity theft, which can involve unauthorized use of personal information for fraudulent activities. It is crucial to share only the minimum necessary personal information, understand the reasons for its collection, and monitor credit history for signs of identity compromise.

Which of these factors should consumers research first when they receive a credit card offer with a low introductory

Answers

Go on creditkarma if you have a low score talk to a Bank agent at your selected bank. I also recommend doing some research on google as well.

Answer:

Hi your question lacks the options here is the complete question

Which of these factors should consumers research first when they receive a credit card offer with a low introductory rate? A) the APR after the introductory period expires B) the cash advance features offered by the bank C) the type of card, such as secured, regular, or premium D) the availability of special programs, such as "cash back" programs

the answer is The APR after the introductory period expires ( A )

Explanation:

The APR ( the annual percentage rate ) is an annual rate charged on a borrowing facility or earned on an investment. such borrowing like loans, credit cards, mortgage loans. this is usually charged every year and not monthly. the APR on a credit card should be considered seriously before accepting a credit card with low introductory cost because introductory cost comes as a one time payment but APR comes as a yearly cost and if not checked will be a huge burden to be paid by the card holder.

The cash advance features offered by a bank is not important because it tends to still put the cardholder in more debt when used.

If a concerned citizen wanted to alert others to the environmental damage caused by a large company, what would be the best form of online publishing to support his purpose?

-Social Network Post
-Opinion Editorial
-Forum
-Blog

Answers

Opinion Editorial would be the best form of online publishing to support his purpose.

The reason that the best form of online publishing to support his purpose is Opinion Editorial is as follows:

An op-ed, short for "opposite the editorial page", is a written prose piece typically published by a newspaper or magazine that expresses the opinion of an author usually not affiliated with the publication's editorial board.Opinion Editorial tackles recent events and issues, and attempts to formulate viewpoints based on an objective analysis of happenings and conflicting/ contrary opinions.An editorial is predominantly about balance.

Hence, the correct answer is option(b) Opinion Editorial.

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anybody know the answer for in the business world, you need this trait so you can stay ahead of the competition.

the answers I am getting is
1. self-assessment
2. independent
3. risk- talking
4. control ​

Answers

Answer:I would think that it would be 1. Self-Assessment

Explanation:If you are constantly assessing yourself then you can see what you need to improve on to help you stay ahead of the competition.

In the business world, you need this trait so you can stay ahead of the competition is risk- taking. Thus option (3) is correct.

What is a business?

A business can be referred to as an organization or enterprising entity that engages in professional, commercial or industrial activities. There are different types of businesses like sole proprietorships, partnerships, corporations, and more.

The businesses are basically work for profit motive. Businesses can be small-scale or large-scale. Some of the biggest businesses in the world are Amazon and Walmart.

There are different types of partners in a business. The persons who owns the shares of the company is known as shareholder.

In the business world, you need this trait so you can stay ahead of the competition is risk- taking. Therefore, option (3) is correct.

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A report has a column of totals, with each total adding to the cell above it. What kind of calculated figure is this?
A) a percentage
B) a sum
C) a grand total
D) a running sum

Answers

Answer:

The correct answer would be option D, Running Sum.

Explanation:

A report has a column of totals, with each total adding to the cell above it. Such type of calculated figure is called the Running Sum.

Running sum is also called the Partial Sum. In such type of summation, the values in the sequence is added to get a final result and then if a new number comes, it is again added to the grand sum, and in this way the sequence continues. Every new entry is added to the previous sum to get another sum.

A corporation’s articles of incorporation can be changed relatively easily. True False

Answers

Final answer:

While amendments to a corporation's articles of incorporation can be made, they often require a majority vote from shareholders and potentially state approval, making the process not easily done.

Explanation:

The statement: A corporation’s articles of incorporation can be changed relatively easily, is largely false. The articles of incorporation form the foundation document of a corporation upon which the structure of the company is built. As such it is not a document which is changed easily or frequently. While amendments are possible, they often require substantial effort including majority votes from shareholders, and in some cases, approval from the state where the company is registered. Therefore, the process of changing the articles of incorporation isn't considered 'easy.'

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Which trend most affects the benefits teachers receive?
A) Global climate change
B) Increased need for worker mobility
C) Rising healthcare costs
D) Increased access to the Internet​

Answers

Answer:

C. Rising healthcare costs

Explanation:

Benefits include healthcare have nothing to do with other options.

Why is it bad to increase minimum wage?

Answers

Answer:

The cost of everything will go up

Explanation:

Final answer:

Increasing the minimum wage can have both positive and negative consequences. It may lead to job losses for low-skill workers and increased business costs, but it can also help reduce poverty and stimulate the economy. Whether or not raising the minimum wage is good public policy depends on various factors and perspectives.

Explanation:

Raising the Minimum Wage: Pros and Cons



Increasing the minimum wage can lead to a decrease in low-skill employment, as employers may hire fewer workers or reduce their work hours to compensate for the higher wage requirements. However, whether or not raising the minimum wage is considered bad public policy depends on various factors and perspectives.



Some arguments against increasing the minimum wage include:



Job losses: A higher minimum wage may result in job losses, particularly for low-skill workers. This can be a concern, especially if those losing their jobs are struggling to support their families.

Business costs: Employers may face higher labor costs, which could result in increased prices for goods and services or business closures if they are unable to afford the higher wages.



On the other hand, there are arguments in favor of increasing the minimum wage:



Reducing poverty: Raising the minimum wage can help lift workers out of poverty and improve their standard of living.

Boosting the economy: Workers with higher wages have more purchasing power, which can stimulate consumer spending and drive economic growth.



To determine whether an increase in the minimum wage is good or bad policy, it is essential to consider the specific context, the potential trade-offs, and the intended goals. It's important to strike a balance that addresses both the needs of workers and the potential impact on businesses.

What is the definition of collective bargaining?

A) ongoing salary negotiations between an employee and a factory owner
B) an agreement among a group of factory owners to raise worker wages
C) a written set of guidelines about legal and illegal workplace conditions
D) labor union and employer negotiations about wages and other issues

Answers

Collective bargaining involves ongoing salary negotiations between an employee and a factory owner.

What is collective bargaining?

Collective bargaining involves employees working together in an organization coming together to agree about some important matters. This could be as salary increment or negotiation between employers and themselves. It includes pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more. For example, a company bids for a large construction project with a prospective customer, and the two parties agree in a contract for a certain type of reimbursement to the company.

Therefore, (A) is the correct answer.

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Collective bargaining is the negotiation process between an employee and a factory owner. So, option A is correct.

The definition of collective bargaining is the process of negotiation between employer's representatives and representatives of the firm's employees' duly authorized unions on behalf of all the workers under that union's jurisdiction. The goal of these negotiations is to reach an agreement with respect to wages, hours of work, and other conditions of employment. This system of negotiation allows labor unions to change the balance of power between employers and workers, by having employers deal with workers collectively, rather than as individuals. Through collective bargaining, a labor union, which operates like a monopoly in the labor market, negotiates with employers over wages and working conditions. This process involves a give and take, as both sides present proposals and work towards a compromise. If an agreement cannot be reached, union members may go on strike, refusing to work until their grievances are addressed.

There are four steps in solving one’s personal financial challenges

Answers

1) having a budget

2) a main concern (not buying unnecessary things)

3) long term thinking (avoiding things you may regret later on)

4) allocate money for savings

Explanation:

Personal financial challenges are the difficulties that a person face to manage his money. A person manages money to save it for the later use in the future. There are many steps involved in solving one's personal financial challenges. They are as follow:

Write down the expenses.

Allocate budgets for your expenses.

Cut down the spending wisely.

Pay attention to discretionary spending.

There are a lot more steps that can solve the personal financial challenges like you should go to the shopping alone, make a list of things you need and buy only those things, try to always shop from sales and offers, always spare an amount to set it aside to be used in case of emergency, spare some amount for saving which is to be used to do some investment, etc.

Which is an Internet service

A. Antivirus
B. Chat
C. Firewall
D. Router

Answers

Answer:

B. Chat

Explanation:

A. Antivirus is a program that runs on your computer and prevents it from being infected by stuff encountered on the Internet.

B. Chat is a messaging service that uses the Internet to work.  It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.

C. A Firewall is another form of protection from the Internet, it blocks certain communications, but a firewall is not a service and it's not Internet-based.

D. Router is a machine that directs traffic between computers, not a service.

B is the correct answer.

Match the products below with the type of market in which they are sold.

Answers

Dollars - currency exchange market

Shares -stock markets

Wheat-commodity market

Answer:

The correct answer to the following question is:

Dollars-----------Currency exchange market

Shares-------------------------------Stock Market

Wheat-----------------------Commodity market

Explanation:

The dollar is the currency of many countries whose transaction only possible in the Currency Exchange Market.Transaction of securities is possible only in Stock Markets.Wheat is a commodity, all commodity transaction possible in Commodity Market .

If a customer credit score is within 2 points of the minimum of what the business will accept, should the business extend credit

Answers

Answer:

Explanation:

I wouldn't.

The business has drawn a rigid line in the sand. It has to maintain its standard. I might try and make a deal with the customer. "Come up with x% for a down payment."

If the score is high (like over 750), I would likely stretch my standard. 750 is a pretty high score and if you have that kind of a number, you know how to pay things back.

Final answer:

Deciding whether to extend credit to an individual whose credit score is marginally below the business's minimum threshold involves assessing risk and potential financial behavior, based on objective criteria and the current economic climate.

Explanation:

The decision to extend credit to a customer whose credit score is within 2 points of the minimum acceptance level is a nuanced one, requiring careful consideration of the risks and benefits by the business. When determining creditworthiness, businesses evaluate a variety of factors, including borrowing history, repayment reliability, savings, and other investments. In an environment where interest rates might be adjusted to reach equilibrium, the decision boils down to the business's risk tolerance and the potential customer's likelihood to fulfill their financial commitments. It is important for businesses to base credit decisions on objective measures rather than discriminatory factors, to ensure fairness and compliance with regulations.

As per the given information, credit card companies can impose significant fees for late payments, which should also be a consideration in deciding whether to extend credit. Additionally, the economic understanding that an above-equilibrium interest rate leads to fewer borrowers may influence the decision to either extend credit to this borderline customer or adjust terms to maintain competitive interest rates.

Why is your amount owed considered when determining your credit score?

Answers

Answer:

Owing cash on credit accounts doesn't really mean you're a high-hazard borrower with a low credit Score. Notwithstanding, when a high level of an individual's accessible credit is been utilized, this can show that an individual is overextended, and is bound to make late or missed installments.

The amount owed on different accounts decides 30% of the FICO score. Aside from the general amount owed, the FICO scores think about the amount claimed freely on explicit accounts. On the off chance that you utilize a noteworthy part of the credit you are qualified for, it can negatively affect the FICO scores. Be that as it may, utilizing a less amount from as far as possible allowed can give you a superior score than not utilizing the credit by any stretch of the imagination.  

Final answer:

Your amount owed is considered when determining your credit score because it reflects your level of debt and your ability to manage it responsibly.

Explanation:

When determining your credit score, your amount owed is considered because it reflects your level of debt and your ability to manage it responsibly. Lenders and credit bureaus take into account the total amount you owe on all accounts and the utilization rate of your available credit. High levels of debt and a high utilization rate can negatively impact your credit score, while lower levels of debt and a low utilization rate can positively affect your credit score.

For example, if you have a credit card with a limit of $5,000 and you have a balance of $4,500, your utilization rate is 90%. This high utilization rate indicates that you are using a significant portion of your available credit, which may suggest financial instability and increase the risk for lenders if they were to extend additional credit to you.

Therefore, it is important to manage your amount owed by keeping your debt levels low and your utilization rate below 30% to maintain a healthy credit score.

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how much jail time can result if convicted of felony on a check fraud case​

Answers

Hello there!

Answer:

Your answer would be more than 1 year of jail time

Explanation:

A felony is not good as it can stay in your record for people like job recruiters to see. A felony is not something you could serve quickly, due to the fact that it is far more worse than a misdemeanor.

Someone who gets a felony for check fraud is most likely going to serve time of over 1 year. The person that got the felony for check fraud could also be getting a criminal fine for the action that that person did.

A felony is different from a misdemeanor, due to the fact that misdemeanors are more lighter than felonies, but both are bad.

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