A credit report is a detailed summary of an individual's credit history and financial behavior, compiled by credit reporting agencies. option C.
It contains information about an individual's borrowing and payment habits, including loans, credit cards, mortgages, and other financial obligations. The report typically includes information on credit accounts, balances, payment history, and any delinquencies or defaults. It may also include public records such as bankruptcies, tax liens, and civil judgments. The credit report is used by lenders and other financial institutions to assess an individual's creditworthiness and ability to repay loans. A credit report provides lenders with an objective view of an individual's financial behavior, enabling them to make informed decisions about whether or not to extend credit.
The report includes a credit score, which is a three-digit number that reflects an individual's creditworthiness. The score is calculated based on several factors, including payment history, credit utilization, length of credit history, and types of credit used. A higher credit score indicates a lower risk of default, and may make it easier to obtain credit and better interest rates. Overall, a credit report is a critical tool for anyone seeking credit or financing. By understanding what information is included in a credit report, individuals can take steps to improve their creditworthiness and increase their chances of obtaining favorable credit terms. Option C
for more such questions on financial
https://brainly.com/question/989344
#SPJ11
20 POINTS!
I need help with putting my two weeks in….
Need to sound professional!
I am currently an intern at a construction office job. I want to say that I have decided to go to esthetician school but appreciate being able to work here as a intern and learn a lot of things these last 6 months.
Thank you!!
Budgeting is a powerful tool for all businesses. Budgets play a vital role for both the public and private sectors in the development of a sound business strategy.
Discuss why budgets are so important for all organizations.
Describe some advantages and disadvantages to budgeting.
Budgeting is important for all organizations as it helps in setting clear financial goals, aligning resources, and monitoring performance. However, it also has some drawbacks such as being time-consuming, inflexible, and may not always reflect real-world situations accurately.
Budgeting is essential as it provides a roadmap for the organization to follow and helps in ensuring that resources are allocated efficiently. By setting clear financial goals, businesses can prioritize their spending and make informed decisions about investments.
Budgets also help in monitoring performance and identifying areas where improvements can be made. However, budgeting can be time-consuming and may not always reflect real-world situations accurately, leading to inflexibility and potential missed opportunities. It is crucial to strike a balance between the benefits and drawbacks of budgeting to ensure its effectiveness.
To know more about Budgeting, here
brainly.com/question/28920558
#SPJ1
Which of the following do you prefer for business/ economic transactions.
1. Cash Vs Debit Card
2. Justify your choice
I personally prefer to use cash for business and economic transactions. I find that it provides a sense of security as I am able to physically see and hold the money, which makes it easier to keep track of my spending. Cash also allows me to have more control over my finances and helps me stick to a budget, as I can physically see how much money I have left. Additionally, using cash avoids the potential risks of identity theft or fraud that come with using electronic methods of payment such as debit cards. Overall, for me, cash provides a more reliable and secure way of conducting business and economic transactions.
Refer to the Learning Activity titled “Introduction to Ratio and Rates: Comparing Values.” Describe the technique that was used to solve Example 3. What other approaches might you use to solve the same problem? Suppose a customer prefers to work with the criterion “How many items can be purchased for $1?” Explain why that might be a meaningful comparison for the customer to use, and explain how the comparison would then be able to compare two different items having different selling prices.
Example 3 in the "Introduction to Ratio and Rates" Learning Activity was solved by comparing unit rates, while alternative methods include equivalent fractions and proportions; comparing items based on their purchase quantity for a set amount can be a valuable comparison method for customers, despite differing prices.
In Example 3 of the Learning Activity, the technique used to solve the problem was to calculate the unit rate (price per item) for each of the two items being compared and then compare the unit rates. One approach that could be used to solve the same problem is to calculate the total cost of purchasing the same number of items for each of the two items being compared and then compare the total costs.
If a customer prefers to work with the criterion "How many items can be purchased for $1?", this would be a meaningful comparison as it allows the customer to understand the relative value of different items. To compare two different items with different selling prices, the customer could calculate the unit price (price per item) for each item and then determine how many items can be purchased for $1 for each item. The item that allows the customer to purchase more items for $1 would be the more valuable option.
To know more about selling prices, here
brainly.com/question/29511226
#SPJ1
Outsourcing refers to the contracting of manufacturing or other tasks to independent companies.
True
O False
Outsourcing refers to the contracting of manufacturing or other tasks to independent companies. The given statement is true.
The term "outsourcing" describes the practice of contracting out particular business processes to a third party or specialized service provider, i.e., a person or organization.
The practice of leasing out corporate operations and processes to outside suppliers or vendors rather than managing them internally is referred to as outsourcing.
This can apply to a variety of corporate processes, such as production, customer service, IT support, accountancy, and many more. Businesses may choose to outsource some tasks to cut costs, improve productivity, or gain access to specialized knowledge that is not offered internally. Depending on the requirements and objectives of the business, outsourcing may be carried out domestically or abroad.
Thus, the mentioned above-given statement is true.
Learn more about outsourcing here:
https://brainly.com/question/28915776
#SPJ1
A local fast-food restaurant serves buffalo wings. The restaurant’s managers notice that they normally sell the following proportions of flavors for their wings: 20%
Spicy Garlic, 20%
Classic Medium, 30%
Teriyaki, 20%
Hot BBQ, and 10%
Asian Zing. After running a campaign to promote their nontraditional specialty wings, they want to know if the campaign has made an impact. The results after 10 days are listed in the following table. Is there sufficient evidence at the 0.10 level of significance to say that the promotional campaign has made any difference in the proportions of flavors sold?
Buffalo Wing Sales
Number Sold
Spicy Garlic 100
Classic Medium 90
Teriyaki 141
Hot BBQ 103
Asian Zing 70
Compute the value of the test statistic. Round any intermediate calculations to at least six decimal places, and round your final answer to three decimal places.
There is no sufficient evidence at the 0.10 level of significance to say that the promotional campaign has made any difference in the proportions of flavors sold.
To compute if the promotional campaign made a difference in the proportions of flavors sold, we use a hypothesis test to solve the problem.
How can we use the hypothesis test?We would start with the null hypothesis (H0) and alternative hypothesis (Ha):
H0- Proportions of flavors sold before and after the promotional campaign are the same, and then
Ha- Proportions of flavors sold before and after the promotional campaign are different.
Use a chi-squared goodness-of-fit test to test the hypothesis:
χ2 = ∑(O - E)2 / E
where:
O = observed frequency and
E = expected frequency under the null hypothesis.
Expected frequencies = the total of wings sold (504) multiply by the proportion of each flavor sold before campaign:
Spicy Garlic: 504 * 0.20 = 100.8
Classic Medium: 504 * 0.20 = 100.8
Teriyaki: 504 * 0.30 = 151.2
Hot BBQ: 504 * 0.20 = 100.8
Asian Zing: 504 * 0.10 = 50.4
We now calculate the chi-squared statistic:
χ2 = ((100-100.8)2/100.8) + ((90-100.8)2/100.8) + ((141-151.2)2/151.2) + ((103-100.8)2/100.8) + ((70-50.4)2/50.4)
= 3.690
Degrees of freedom = k-1 = 5-1 = 4
Critical value for a chi-squared distribution with 4 degrees of freedom and a significance level of 0.10 is 9.488.
Since the calculated chi-squared value (3.690) is less than the critical value (9.488), we fail to reject the null hypothesis.
Therefore, we can conclude that there is not enough evidence to suggest that the promotional campaign has had any impact on the proportions of flavors sold.
Learn more about null hypothesis at brainly.com/question/4436370
#SPJ1
. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When steps listed are unclear or misleading
When it requests for an app to be tested
A requested task may be subject to be reported in any of the cases listed, depending on the specific details of the task and the circumstances involved.
A requested task may be subject to be reported in the following cases:
When requesting a screenshot:
The task requester may be reported if the request involves sharing sensitive information or may violate the terms of service of a website or application.
When it is asking for 3 proofs:
The task may be reported if the task requester requests three proofs or more, which may seem excessive or compel the user to take steps that are against the terms of service.
When steps listed are unclear or misleading:
If the task's described stages are unclear, lacking, or deceptive, errors or inaccurate results may follow, and the task may be reported.
When it requests for an app to be tested:
It may be reported if the assignment calls for testing an app that might be infected with malware or violate the app store's terms of service.
To know more about website,
https://brainly.com/question/30407344
#SPJ4
A marketing plan includes this marketing objective: "Create positive feelings
about our brand." What is the main problem with this objective?
A. It doesn't name the target market.
B. It does not meet legal requirements.
C. It is not specific and measurable.
D. It is not something the marketer can achieve.
In 1200 B.C.E., the Chinese began using _____ as a medium of exchange.
Morning Jorleny,
The Chinese used cowrie shells as a type of currency starting in 1200 B.C.E. Cowrie shells, which are small, hard, and smooth, were found in the ocean and were valued for their beauty and rarity. They served as a means of exchange for many centuries in China, used for both buying and selling goods and services, as well as paying taxes and other government fees.
I hope this helped, and if you think I did well, I would love a rating. If you think I did exceptionally well, maybe consider giving me brainliest!
