Which of the following regulatory agencies was set up under the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act?

A) Federal Deposit Insurance Corporation
B) Bureau of Consumer Financial Protection
C) National Credit Union Administration
D) U.S. Securities and Exchange Commission


B

Business

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Which of the following best describes a situation when penetration pricing should be used?

A) when the product has a strong competitive advantage B) when a large segment of the customer base is price-sensitive C) when the perceived quality depends on price D) when there is a little chance of competition in near future

Business

An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager achieve by changing revenue and cost variables in an optimization analysis?

A. Use this as an extension for a digital dashboard. B. Create production schedules. C. Calculate the highest potential profits. D. Calculate employee benefit payments.

Business

Freight out is an addition to the Merchandise Inventory account if the seller uses the perpetual inventory system

Indicate whether the statement is true or false

Business

Fact Pattern 14-2AMoore Properties, Inc., offers in writing to sell to New Development Corporation (NDC) a certain half-acre of land for "$112,000." After New Development signs the offer in acceptance and returns it, Moore discovers that the price should have been stated as "$121,000."Refer to Fact Pattern 14-2A. Moore's misstatement of the price is

A. a bilateral mistake. B. a fraudulent misrepresentation. C. a unilateral mistake. D. unconscionable.

Business