Choose the response that accurately completes the following sentence. A taxpayer claiming the Premium Tax Credit: May be claimed as a dependent on another person's return, as long as they are under age 27. May have employer-sponsored health care coverage. Must have household income for their family size that is less than 150% of the federal poverty level. Will receive a refund if the amount of the credit is larger than the tax they owe.
Answers
This question is about the Premium Tax Credit.
Premium Tax Credit is a refundable credit which helps eligible individuals to cover premium for their health insurance purchased.
An individual may qualify for PTC if he has household income of atleast 100% of federal poverty line. This is applicable to those individuals who have purchased coverage in health insurance marketplace in their state.
The correct answer is will receive a refund if the amount of the credit is larger than the tax they owe.
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Related Questions
Find the interest rate, I, on a given security that costs $100 and that will return $150 after 10 years.
Answers
Answer:
Rate = 6.666%
Explanation:
First, the formula of the simple interest rate is:
R = I/PT x 100%
Put in the numbers:
R = $100/($150 x 10 years) x 100%
Then calculate:
R = $100/$1500 x 100%
R = 100/15%
R = 6.666%
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Answers
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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Caleb wants to start a business in the health and wellness industry, but before taking the time and effort to create this business, he should know how this business sector has recently performed and where it is headed. Basically, Caleb needs to educate himself on _____.
Group of answer choices
industry trends
marketing materials
tax practices
Human Resources
_____ accountants prepare financial information for people who are both inside and outside the company to assess if the company is performing well.
Group of answer choices
Inspection
Quarterly
Financial
Managerial
If Cameron prepares information—such as reports on costs and operations—for the use of employees only, what type of accountant is he?
Group of answer choices
Managerial
Financial
Tax-specific
Educational
Jonathan and his partner Drew understand they need to create a document to address stipulations for working with their vendors who supply building materials and home decor staging products for their home show. While drafting a contract, what key principles should Jonathan and Drew remember?
Group of answer choices
Professional representation; legal structure
Exchange of value; offer and acceptance
Legal structure; exchange of value
Offer and acceptance; professional representation
Answers
In order to know how the business has performed recently, Caleb should educate himself on industry trends.
Financial accountants prepare financial information for people who are both inside and outside the company.
If Cameron prepares information for employees only, the type of accountant he is Managerial accountant.
The key principles that Jonathan and Drew should remember are Exchange of value; offer and acceptance.
What should Caleb do?It would be best if Caleb was knowledgeable about the business he wants to go into so that he can know if he can make a profit of a loss from the industry. He should therefore try to learn about the trends in the industry.
What type of accountants are there?Financial accountants are those who prepare the financial statements of a company according to known accounting standards such as IFRS and U.S. GAAP because these statements will be used by people both inside and out of the company.
Management accountants on the other hand, make reports that help employees make decisions about the company and are not meant for external stakeholders.
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Question 3 of 10
Which of the following entrepreneurial businesses is most likely to have a
global impact?
A. A restaurant that specializes in regional cuisine
B. A business that sells
low cost clothing
that is manufactured
overseas
C. An agency that sends home health aids to the homes of disabled
seniors
D. A business that grows and sells local artisanal breads and
cheeses
Answers
Answer: B. a business that sells low cost clothing that is manufactured overseas.
Explanation: just took the quiz
A business that sells low cost clothing that is manufactured overseas is the entrepreneurial businesses is most likely to have a global impact. Hence, option B is correct.
What is the low cost in business?A method of pricing whereby a company offers a product at a fairly low price to boost demand and gain market share. By reducing their pricing to be less expensive than those of the rivals in an effort to get more customers and market share.
The low margins will then be compensated for by higher sales volumes. They are able to make more money by keeping their product pricing the same as those of their competitors while having a reduced cost structure.
Because low-cost suppliers are able to offer lower production costs and more efficiency, manufacturing volumes can be significantly boosted.
Thus, option B is correct.
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A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit, fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:
Answers
Answer:
remain the same
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Initial Breakeven quantity = $720,000 / ($30 - $18) = 60,000
New Breakeven quantity = $900,000 / ($30 - $15) = 60,000
Breakeven point remained the same
A sentence that contains one independent clause and one or more dependent clauses is a
Answers
Answer:
Complex sentence they always have one independent clause + 1 or more dependant clause
Joined by using conjunctions!
Which of the following best describes what happens when a company has
made a profit at the end of an accounting period?
A. The credit amount is higher than the debit amount in the income
statement columns of the worksheet.
B. No amounts have to be entered into the adjustments columns in
the worksheet.
C. The debit amount is higher than the credit amount in the balance
sheet columns of the worksheet.
D. The debit and credit amounts in the adjusted trial balance
columns are equal in the worksheet.
Answers
A company has made a profit When the credit amount is higher than the debit amount in the income at the end of an accounting period.
An accounting period, in bookkeeping, is the length almost about which control debts and financial statements are prepared.
In management accounting, the accounting period varies extensively and is decided with the aid of management. monthly accounting durations are common.
In financial accounting, the accounting duration is decided with the aid of regulation and is commonly three hundred and sixty-five days. the start of the accounting period differs in line with jurisdiction. As an instance, one entity may additionally observe the calendar year, January to December, while another might also follow April to March as the accounting period.
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Zolezzi Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $104,000 and budgeted cash disbursements total $87,000. The desired ending cash balance is $70,000. The company can borrow up to $90,000 at any time from a local bank, with interest not due until the following month. Required: Prepare the company's cash budget for March in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.
Answers
Answer:
Zolezzi Inc.
Cash budget for March
Amount in $'000
Opening balance 27
Add;
Cash receipts 104
Less;
Cash disbursements (87)
Ending balance 44
Amount to be borrowed 26
Desired ending balance 70
Explanation:
The cash budget a forecast of the expected movement in cash balance. This is as a result of expected cash receipts and disbursements and may be expressed mathematically as
opening cash balance + cash receipts - Cash disbursed = closing cash balance
27 + 104 - 87 = ending balance
Ending balance = 44
Desired ending balance = 70
Amount to be borrowed = 70 - 44
= 26
Bathtub Refinishing Oldsmar FL
Answers
Answer:
cool
Explanation:
The M-N plant manufactures two different products: M and N. Selling prices and weekly market demands are shown in the following diagram. Each product uses raw materials with costs as shown. The plant has three different machines: A, B, and C. Each performs different tasks and can work on only one unit of material at a time.
33787957
Process times for each task are shown in the diagram. Each machine is available 3,500 minutes per week. There are no "Murphys" (major opportunities for the system to foul up). Setup and transfer times are zero. Demand is constant.
Operating expenses (including labor) total a constant $12,000 per week. Raw materials are not included in weekly operating expenses.
a. Which machine is the constraint in this plant?
Machine A
Machine B
Machine C
b. Which product mix provides the highest gross profit? (Hint: consider raw material cost but not operating expense) - in units
Product M:
Product N:
c. What is the maximum weekly net profit this plant can earn using the product mix from Part b? (Hint: consider operating expense and raw material cost)
Weekly Net Profit
Answers
The answers to the question are:
The machine that is the constraint is the machine c.The product m = 80 units and n = 80 unitsNet profit = $36001. How to solve for the constraint of the machineWe have to solve for the workload of the machines
For A. 20*100 = 2000
For B, 5 * 100 + 10 *80
= 500 + 800 = 1300
For Machine C = 15 * 100 + 15 * 80
= 1500 + 1200
= 2700
The time at the workstation in c is more than the constant time of 2400, hence the constraint that we have is machine c.
b. 2400- 1200 = 1200
The product mix would be 1200/15
= 80
Hence the product mix m = 80 units and that of n = 80 units
c. The total net profit80*$90 = 7200 , 80 * 105 = 8400
7200 + 8400
= 15600
The net profit = 15600 - 12000
= $3600
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Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Answers
Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.
In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.
So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.
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Material costs of $200,000 and conversion costs of $214,200 were charged to a processing department in the month of September. Materials are added to the beginning of the process while conversion costs are incurred uniformly throughout the process. There were no unit in the beginning working process, 100,000 units were started into production in September and there were 8,000 units in ending working process that were 40% complete at the end of September. What was the total amount of manufacturing costs assigned to the 8,000 units in the ending work in process?
Answers
Answer:
ending WIP : 320,000
transferred out : 1,500,000
Explanation:
Which type of market
buys goods and
services to produce
public services or to
transfer them to others
who need them?
a.
retail
b.
consumer
C.
government
d.
wholesaler
Answers
government i think correct me if im rwong l
How did the McDonald brothers lose the Mcdonalds business?
Answers
Answer:
Ray Kroc's initial franchising deal with the McDonald's brothers looked like this: a franchise fee of $950 with a 1.9 percent service fee assessed on food sales, 0.5 percent paid to the McDonald brothers as a royalty, and the remaining 1.4 percent going to Kroc. so only he lose . and pls add my in brainliest answer
Answer:
Ray Kroc's initial franchising deal with the McDonald's brothers looked like this: a franchise fee of $950 with a 1.9 percent service fee assessed on food sales, 0.5 percent paid to the McDonald brothers as a royalty, and the remaining 1.4 percent going to Kroc.
When the site of a burn is not specified, _________________.
A. code only according to the extent of body surface involved
B. use an unspecified code
C. read the documentation to find the site
D. ask the provider
Answers
Answer:
A. code only according to the extent of body surface involved.
Explanation:
If the site of a burn is not specified.They used code only,according to the extent of the body surface involved.Sequence first that The code is reflected and the highesh degree of a burn when more than the one burn is present.
✨Hope it helps✨
#CarryOnLearning
Answer:
Code only according to the extent of body surface involved.
Explanation:
Yes suppose look at a situation below
You was cooking food and got burnt in hands .Now you have to take care according to your hand not according to other body parts[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1
Answers
A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.
The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.
A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.
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Opposing Claims Quick Check
What does it mean for a claim to be debatable?(1 point)
Question 1
A It can be proven true or false.
B It is based on facts that cannot be refuted.
C It can be supported with evidence.
D It is something people could have differing opinions about.
2
A Why is it important to address opposing arguments when writing an argument?(1 point)
B It shows why the opposing argument should not be considered by your readers.
C It strengthens your claim because you have a chance to explain why it is invalid.
D It shows that your opinion on the topic is the best opinion.
E It convinces people that you have done a lot of research on your topic.
3
A What does it mean to refute an opposing argument?(1 point)
B to show that you are an expert on the topic you are writing about
C to provide reasons why it is wrong
D to support the argument with facts and examples
E to explain your claim in detail
Use the sentence to answer the question.
Claim: Middle school students should be provided with an outdoor recess as part of the school day.
Which sentence includes an opposing claim?
(1 point)
There is not enough time in the school day for middle school students to be allowed a large amount of free time.
Most teenagers do not get enough exercise and should be given the opportunity to get exercise while at school.
Research shows that middle school students would prefer to spend time socializing with their friends outside of school hours.
Students who have time to relax in the middle of the day are more focused and perform better in their studies.
Answers
Answer:
1)D 2)C
Explanation:
(I took the test got a 100%)
1) what makes something debatable is when others have different opinions about it.
2)when you explain what they other persons claim is and then show how it wrong then it makes ur claim look like a better on to agree with
Answer:
i am from connexus i just took the quick check here are the correct answers
Explanation:
1. D. it is something people could have differing opinions about.
2. C. it strengthens your claim because you have a chance to explain why it is invalid
3. C. to provide reasons why it is wrong
4. There is not enough time in the school day for middle school students to be allowed a large amount of free time.
i hope this helps and please let me know if it does
Business forms that have unlimited personal liability include
Answers
Answer:
sole proprietorship and partnership
Explanation:
They both have unlimited personal liability
You just purchased a bond that matures in 5 years. The bond has a face value of $1,000 and an 8% annual coupon. The bond has a current yield of 8.21%. What is the bond's yield to maturity?
Answers
Answer:
Your answer is given below:
Explanation:
Information provided:
Face value= future value= $1,000
Time= 5 years
Coupon rate= 8%
Coupon payment= 0.08*1,000= $80
Current yield= 8.21%
Current yield is calculated using the below formula:
Current Yield= Annual interest/Current price
0.0821= $80/ Current price
Current price= $80/ 0.0821
= $974.42
The yield to maturity is calculated by entering the below in a financial calculator:
FV= 1,000
PV= -974.42
N= 5
PMT= 80
Press the CPT key and I/Y to compute the yield to maturity.
The value obtained is 8.6517.
Therefore, the yield to maturity is 8.65%.
When is the advisable time to start building or adding to your own professional network?
Question 5 options:
a)
Upon graduation
b)
When you need a job
c)
Whenever you have time
d)
Right now
Answers
Answer:
A. Upon Graduation
Answer:
According to the case, the five kinds of share are directly relevant and can be calculated from the provided information are:
1. Authorized Capital
2. Issued Capital
3. Un-issued Capital
4. Subscribed Capital
5. Called-up Capital
Explanation:
Authorized Capital:
The authorized capital is known as the registered capital of the company, Authorized capital is the maximum amount of share that a company is authorized to issuing share to its shareholders.
In this case, the Alpha limited company registered on 5th January 2023 with the capital of 500,000 which is divided into 25,000 ordinary shares and the value of each share is Rs. 20.
Issued Capital:
The issued share capital of company is monetary value of shares which legally offers by company to its shareholders.
In this case, the Alpha limited company on 20th of January offered for sale to the public from authorized capital. The company put forward 15,000 and the value of each share is 20 Rs. Consequently, the company’s issued capital is 300,000 Rs (15,000 shares x 20 Rs.) .
Un-issued Capital:
The un-issued share capital reflects the part of authorized capital stock that the company has not yet issued to the public.
In this case, the Alpha limited company has not issued his 10,000 shares, and the value of each share is 20 Rs so its total un-issued capital is Rs. 200,000 (10,000 shares x 20 Rs.).
Subscribed Capital:
The subscribed capital is the portion of issued capital for which the public has been subscribed and the company has accepted.
In this case, the Alpha limited company on 23rd January received applications for 14,500 shares from the public which informed by company’s bank, so the subscribed capital is Rs. 290,000 (14,500 shares x 20 Rs.).
Answers
The five kinds of capital that are directly relevant are:
Authorized Capital: Rs. 500,000Issued Capital: Rs. 300,000Un-issued Capital: Rs. 200,000Subscribed Capital: Rs. 290,000Called-up Capital: Rs. 290,000What is a called-up capital?The called-up capital refers to the portion of the subscribed capital that the company has demanded and the shareholders are required to pay.
In this case, the Alpha limited company called up the entire subscribed capital of Rs. 290,000 on 25th January. Therefore, the called-up capital is also Rs. 290,000.
Summarily,
- Authorized Capital: Rs. 500,000
- Issued Capital: Rs. 300,000
- Un-issued Capital: Rs. 200,000
- Subscribed Capital: Rs. 290,000
- Called-up Capital: Rs. 290,000
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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Answers
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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From the following facts, prepare a depreciation schedule using the declining-balance method (twice the straight-line rate): (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required.) Volvo truck $ 25,000 Residual value $ 5,000 Estimated life 5 years
Answers
Answer:
Depreciation Schedule:
See attachment.
Explanation:
Cost of Truck = $25,000
Residual value = $5,000
Estimated life = 5 years
Method of depreciation = declining-balance method
Depreciable amount = $20,000 ($25,000 - $5,000)
Depreciation rate = 100/5 * 2 = 40%
1st year-end depreciation expense = $10,000 (40% of $25,000)
2nd year-end depreciation expense = $6,000 (40% of $15,000)
3rd year-end depreciation expense = $3,600 (40% of $9,000)
4th year-end depreciation expense = $400
Depreciation cannot exceed $400 for the 4th year because of the residual value of $5,000. With declining method, the residual value is considered at the end of the useful life and not at the beginning.
Declining balance
Beginning of Year 1 Cost = $25,000
Beginning of Year 2 Balance = $15,000 ($25,000 - $10,000)
Beginning of Year 3 Balance = $9,000 ($15,000 - $6,000)
Beginning of Year 4 Balance = $5,400 ($9,000 - $3,600)
Beginning of Year 5 Balance = $5,000
An investor buys 100 shares of a stock for $20,000. After 5 years the stock is sold for $32,000. If interest is compounded continuously, what annual nominal rate of interest did the original $20,000 investment earn? Round the final answer to the nearest hundredth.
Answers
Answer: 9.4%
Explanation:
From the question,
Investment, Po = 20000
The formula to use will be:
P = Po × e^rt
where r = rate
t = time
Check the attachment for further details and explanation.
Write a list of at least 3 things that Eric has done right before applying for a loan.
Answers
Answer:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
Explanation:
The three things that Eric has done before making a loan application are as follows:
Careful examination of loan applicationCommunication to the borrowing party regarding the closing of the loanComputations related to the loan transactionWhat is a loan?A loan is an amount given to the borrowing party at an interest rate that can be annual, monthly, or quarterly basis by the lender.
Eric should make sure the three following things:
He should carefully read the loan agreement and its causes before accepting it by signing the document. He must ensure that the data is accurate and the calculations are correct in themselves.He should communicate with the borrower about the closing time period in advance so that no delay could happen.He computes the monthly installment to be paid by the borrower on the basis of his income and debt-income ratio.Therefore, the three things which Eric should check have been explained above.
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Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a _______ strategy.
Answers
Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a brand extension strategy.
What is a brand extension?For instance, a cosmetics company may provide more brushes, blenders, or sponges.
Although they are separate items, they complement the original product and allow current clients an opportunity to become even more devoted to the company.
Therefore, in order to promote new products or product categories to its client base, a firm may use its well-known brand name or image, which is known as brand extension.
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operations management course concept
Answers
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
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Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,600 units) $ 387,600 Variable expenses 235,600 Contribution margin 152,000 Fixed expenses 103,500 Net operating income $ 48,500 If the company sells 7,500 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $44,000 $46,500 $47,979 $48,500
Answers
Answer:
Net operating income= 46,500
Explanation:
First, we need to calculate the unitary contribution margin:
Unitary contribution margin= 152,000 / 7,600
Unitary contribution margin= $20
Now, the net income for 7,500 units:
Total contribution margin= 20*7,500= 150,000
Fixed expenses= (103,500)
Net operating income= 46,500
Why does someone need to protect their personal banking and credit card information? Responses to prevent someone from identifying themselves as the victim while under arrest to prevent someone from identifying themselves as the victim while under arrest to prevent someone using that information to secure goods, services or access to money using the victim’s credit or bank account information to prevent someone using that information to secure goods, services or access to money using the victim’s credit or bank account information to prevent someone from identifying themselves as the victim to secure medical resources to prevent someone from identifying themselves as the victim to secure medical resources to prevent someone from using the victim’s information to forge an identity for a child
Answers
Personal Finance- Identity Theft Quick Check
Answer: 1. to prevent someone using that information to secure goods, services or access to money using the victim’s credit or bank account information
2. synthetic identity theft
3. financial identity theft
4. synthetic identity
5. Jane is the mark.
Explanation: All of these answers are correct :)
4/11/2023
Someone needs to protect their personal banking and credit card information to prevent someone using that information to secure goods, services or access to money using the victim's credit or bank account information. The correct option is c.
What is identity theft?Identity theft is the crime of obtaining the personal or financial information of another person to use their identity to commit fraud, such as making unauthorized transactions or purchases. Identity theft is committed in many different ways and its victims are typically left with damage to their credit, finances, and reputation.
Identity theft occurs when someone steals your personal information such as your Social Security Number, bank account number, and credit card information. Identity theft can be committed in many different ways. Some identity thieves sift through trash bins looking for bank accounts and credit card statements. More high-tech methods involve accessing corporate databases to steal lists of customer information.
Once identity thieves have the information they are looking for, they can ruin a person's credit rating and the standing of other personal information.
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Which statement best summarizes the role of businesses in the flow of
goods?
A. Businesses earn revenue by providing services.
B. Businesses consume goods produced by households.
C. Businesses sell goods that are created in product markets.
D. Businesses provide natural resources to product markets.
Answers
C. The easiest way to describe how businesses participate in the flow of goods is to say that they sell products that are made in product markets.
Describe businesses.A business is a firm or enterprising entity engaged in commercial, industrial, or professional activities. Organizing any type of economic activity is what a business is designed to do (of goods or services). Businesses can be for-profit enterprises or nonprofit organizations that promote social causes or engage in charitable endeavors.
The size and operational scope of businesses range from small, local businesses to large, international corporations. Business includes both the production and sale of goods and services for a profit as well as individual endeavors and efforts. In many instances, the term "business" refers to a firm that operates for industrial, commercial, or professional objectives.
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Answer:
A
Explanation: