The UCCC takes a ________ approach to consumer credit
A) free market
B) disclosure
C) clandestine
D) caveat emptor
B
You might also like to view...
The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following months sales. What would be the budgeted inventory for
March 31st? A) 46,000 B) 36,000 C) Cannot be determined from the data given D) 42,000
According to Barber (1996) where is globalization taking the world?
a. On a collision course between profit and health b. On a collision course between McDonalds and KFC c. On a collision course between McWorld and Jihad d. On a collision course between the haves and have-nots
A company has $96,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is a(n) $860 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:
A. $2980 B. $3840 C. $860 D. $4700 E. None of these is correct.
Jordana is a travel agent. Whenever she sells an expensive vacation package, she encourages the customer to buy travel insurance, which provides reimbursement in case of trip cancellation due to illness or another emergency. Jordana is trying to reduce her customers' ________ risk.
A. social B. psychological C. financial D. physiological E. performance