The Fair Credit Reporting Act (FCRA) requires that credit bureaus remove obsolete bankruptcy filings from credit reports. A bankruptcy filing is considered to be obsolete after
A. 13 years.
B. 8 years.
C. 7 years.
D. 14 years.
Answer: D
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Which of the following schemes is the correct order describing the levels of the merchandise classification scheme from the highest level to the lowest level?
A. Merchandise Group-Department-Classification-Category-SKU B. Department-Merchandise Group-Classification-Category-stock-keeping unit (SKU) C. Classification-Department-Category-Merchandise Group-SKU D. Category-Classification-Merchandise Group-Department-SKU E. Merchandise Group-Classification-Department-Category-SKU
It is not necessary to prepare the Cost of Goods Manufactured statement prior to preparing the Cost of Goods Sold statement
Indicate whether the statement is true or false
The bank is liable to the payee or the holder of check in a civil suit if a check is dishonored for insufficient funds
Indicate whether the statement is true or false
Which one of the following statements about work measurement methods is TRUE?
A) The two methods of using a stopwatch in time studies are historical and snap-back. B) The time study method is usually used for less-repetitive work with no definite work cycle. C) With the time study method, the analyst assigns a performance rating factor (RF) to the work's performance. A value of RF greater than 1 means the worker is slower than a standard worker. D) The work sampling method needs many observations.