The __________ controls the disclosure of credit terms so that the consumer will be able to compare more readily the various credit terms available and avoid the uninformed use of credit
a. Fair Credit Billing Act
b. Equal Credit Opportunity Act
c. Fair Credit Reporting Act
d. Truth-in-Lending Act
d
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Assume an account receivable confirmation is returned with a note to the auditor describing a difference between your client's records and the customer's records. Clearly describe below two potential non-misstatement timing differences that could cause a discrepancy between a client's receivable records and his/her customer's records. The timing differences you describe should be such that after investigation you would determine that your client's receivable balance is not misstated due to these differences.
What will be an ideal response?
The association of black color with bad luck in China or the breakfast preferences of Indians are discussed as examples of ______.
A. cultural differences B. religious differences C. industrial differences D. political differences
Serena wants to buy a pair of sunglasses. She decides to buy it from Seekart, an online retail store
Seekart uses an automated system to process its customers' purchases and sends the information to the manufacturer's warehouse, which directly ships the required products to the customers. This system employed by Seekart is called a(n) _____. a. job shop b. assembly line c. materials management system d. order processing system
While text messaging is considered rude in many situations, it can be useful for some business tasks
Indicate whether the statement is true or false