Business, 16.12.2020 21:20 travawnward
Question 1 (1 point)
The amount of use that a person gets from an item over time and the value a person places on that use.
a
durability
b
service flow
c
fashion variety
d
cost of care
Question 2 (1 point)
Fees paid to a lender and computed as percentage points of a loan.
a
security deposit
b
collateral
c
points
d
closing costs
Question 3 (1 point)
Ability of an item to last a long time
a
style
b
quality
c
durability
d
Service flow
Question 4 (1 point)
Fees involved in arranging for a mortgage or in transferring ownership of property.
a
closing costs
b
Points
c
security deposit
d
lease
Question 5 (1 point)
Item that carries the name of a store.
a
Brand name product
b
generic product
c
bulk product
d
private labeled product
Question 6 (1 point)
Buying only a few durable clothes would reduce a person's clothing budget, but would not fulfill the need for
a
money
b
high quality clothing
c
variety
d
brand name products
Question 7 (1 point)
Comparison shopping for food involves a trade off between
a
time and effort
b
variety and price
c
quality and quantity
d
time and money
Question 8 (1 point)
Why are current clothing styles generally expensive?
a
Sellers know that consumers will pay to keep up with fashions
b
Classic styles are usually onsale
c
Current styles are better quality items
d
Current styles have less variety
Question 9 (1 point)
Consumers who purchase foos items in bulk usually find the best buys at
a
supermarkets
b
warehouse food stores
c
convenience stores
d
discount stores
Question 10 (1 point)
Closing costs include
a
down payment
b
fee paid to a real estate agent when a property is bought or sold
c
security deposit and the last month's rent
d
fees involved in arranging for a mortgage or transferring ownership of property
Question 11 (1 point)
The most expensive house for which a person with an annual income of $45,000 would probably qualify for a mortgage would be
a
$200,000
b
$150,000
c
$45,000
d
$90, 000
Question 12 (1 point)
Approxiately how much money would you have to earn to qualify for a mortgage on a $400,000 home?
a
$108,000
b
$200,000
c
$400,000
d
$150,000
Question 13 (1 point)
Relative to people at the turn of the 19th century, people today spend
a
about the same percentage of their income on clothing
b
a smaller percentage of their income on clothing
c
a larger percentage of their income on clothing
d
about four times as much on clothing
Question 14 (1 point)
An advantage of home ownership
a
creation of equity
b
lower maintenance
c
higher price
d
increased mobility
Question 15 (1 point)
Which of the following are not included in closing costs?
a
legal costs
b
home inspection
c
title search
d
security deposit
Question 16 (1 point)
Rent controls result in
a
better maintained rental units
b
lower rents
c
an increase supply of rental units
d
higher rents
Question 17 (1 point)
Automobile liability insurance covers
a
bodily injury and property damage
b
lawsuits by anyone injured in an accident
c
depreciation caused by wear and tear
d
interest costs
Question 18 (1 point)
Which bag of sugar would most likely be the cheapest?
a
Bulk sugar
b
Brand name sugar
c
Generic sugar
d
Store brand sugar
Question 19 (1 point)
Which mortgage rate has an interest rate that changes over time?
a
Graduated Payment Mortgage
b
Veteran's Housing Mortgage
c
Standard Fixed-Rate Mortgage
d
Flexible Rate Mortgage
Question 20 (1 point)
People who are able to use or store large quantities of bulk food items can save money by shopping in
a
discount stores
b
convenience stores
c
large supermarkets
d
warehouse stores
Answers: 3
Business, 22.06.2019 12:10
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
Question 1 (1 point)
The amount of use that a person gets from an item over time and the value a pe...
Mathematics, 18.03.2021 01:00
Mathematics, 18.03.2021 01:00
Mathematics, 18.03.2021 01:00
Biology, 18.03.2021 01:00
Chemistry, 18.03.2021 01:00
Mathematics, 18.03.2021 01:00
English, 18.03.2021 01:00
Mathematics, 18.03.2021 01:00
English, 18.03.2021 01:00