A clearinghouse scam:

a. involves a victim receiving a letter that claims he or she has inherited a significant amount of money.
b. involves a victim receiving a mail from a known party who claims to have access to large sums of money or assets.
c. involves a victim receiving a letter that falsely claims the writer represents a foreign bank.
d. involves a victim receiving an email containing the Social Security number and/or credit information.


c
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Correct.
d. Incorrect.

Business

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Which of the following methods, allowed by U.S. GAAP, report(s) the net income for a period adjusted by revenues converted to cash received from customers and expenses converted to cash disbursed to various suppliers of goods and services?

a. the direct method b. the indirect method c. both the direct method and the indirect method d. the schedule of cash receipts and cash disbursements e. the funds flow statement

Business

Describe the seven tests of just cause. How do these tests protect the rights of employees?

What will be an ideal response?

Business

To acquire the ownership of Bart's mountain cabin by adverse possession, Cody must occupy the cabin exclusively, continuously, and peaceably for a specified period of time

a. in an, open, hostile, and adverse manner. b. until Bart files a suit. c. without Bart's knowledge. d. with the state's permission.

Business

A secured credit card is a good tool to help establish credit

Indicate whether this statement is true or false.

Business