When using credit to make purchases, consumers are
A. decreasing current buying power and increasing future buying power.
B. increasing their present discretionary income to extend purchasing power.
C. putting themselves at significant risk of financial disaster.
D. forgoing the accumulation of wealth to increase current income.
E. increasing current buying power at the expense of future buying power.
Answer: E
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Without performing any calculations, which of the following data sets has the greatest sample standard deviation?
A. 1, 2, 3, 4, 5, 6 B. 1, 1, 3, 5, 5, 6 C. 3, 3, 3, 3, 3, 3 D. 1, 1, 1, 5, 5, 5 E. 1, 1, 3, 3, 6, 6
In applying the matching rule, expenses should be recognized in the same accounting period as the revenues to which they are related.
Indicate whether the statement is true or false
What is an instrumental part of our level of personal effectiveness?
a. Our behaviors b. Our actions c. Our self-leadership skills d. Our complaints
Which type of report has a goal of providing the reader with facts that are easy to understand?
A) Informational B) Analytical C) Executive summary D) Abstract E) Narratives