to: Free Credit Report on the Federal Trade Commission’s site. Identity Theft resource center on the Federal Trade Commission’s site. Provide answers to three of the following questions based on your readings and your personal experiences. Answers should be 100-to 150-words each. If you find errors on your credit report‚ what steps would you take to correct them? Steps we can take include writing to the credit reporting company describing what we feel is inaccurate on our credit. If we
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1. If you find errors on your credit report‚ what steps would you take to correct them? In my personal experience‚ I had an error on my credit report when I was applying for a loan with my bank. I did not get approved for my loan even though one month prior I was approved and I had a low interest rate due to my high score. A few days later I received a letter in the mail explaining why along with my current credit report which dropped almost 100 points. I emailed one of the bureaus‚ explaining
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Financial Management Department A.Y. 2013 2nd Semester “Deceitful Acts in Credit Transaction” Case 1. Gregorio‚ an unemployable college drop-out‚ pretended to be a public works contractor‚ and asked his former college seatmate‚ who owns a large hardware store‚ for a 90-day credit on Php200‚000 worth of construction materials. Greg explained that he just won a new public works contract on a school building. The credit‚ of course‚ was never paid. Greg sold the materials for cash at 20% below
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Does gun control reduce crime rate? Abstract Over the past few months‚ people across the nation have been debating about gun control. Topics ranging from firearm restrictions to background checks have been heavily discussed by both emotion and logic‚ by both gun supporters and gun control activists‚ and it seems like there is no middle ground for both parties to agree on. Crime rates influence guns demanded for self-protection‚ and guns demanded by criminals depend upon
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1‚ 2012 www.iiste.org An Analysis of the Challenges Faced by Banks in Managing Credit in Zimbabwe Severino Mavhiki1 Denver Mapetere1* Christopher Mhonde‚1 1. Faculty of Commerce‚ Business Management Department‚ Midlands State University‚ P bag 9055 Gweru‚ Zimbabwe * E-mail of the corresponding author: mapetered@msu.ac.zw Abstract The purpose of the study is to analyse the challenges facing banks in managing credit in Zimbabwe in the wake of the multicurrency regime that was introduced in the year
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Credit card : Asset or Liability Credit card actually replaces the hard money in market. Before the coming of plastic money‚ every one relies on their present income. If possible in present salary then only purchases go on‚ otherwise get shifted to next month. This problem now has been solved with the plastic money. Make payments in the next month but u can purchase now. Any one can judge this plastic money is an asset or liability for a person. Let assume its an asset. How? Right now it makes
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The use of credit cards is increasing day by day. People are relying more on credit cards nowadays than in the previous days. Credit card is a card which allows the user to pay for the things. Credit cards are offered by the banks and other financial institutes. The credit card allows the user to use the credit available on his or her credit. The credit card user can buy the things and now pay for it later. There are some advantages and some disadvantages associated with using credit card. In this
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Chapter 5: Internal Control over Financial Reporting 1. Internal control is a process designed to guarantee the achievement of the objectives of reliable financial reporting‚ compliance with laws and regulations and ineffective and inefficient operations. FALSE 2. Auditing standards require that the auditor exercise professional judgment and maintain professional skepticism throughout the planning and performance of the audit. TRUE 3. If internal controls are not enforced they are useless
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102.10 | Misc. Expenses | .00 | .00 | .00 | .00 | .00 | TOTAL ASSETS(A+B+C+D+E) | 16265.70 | 14176.80 | 12656.50 | 10043.80 | 9315.60 | 5 YEARS BALANCE SHEET OF MARUTHI SUZUKI INDIA LTD.‚ What is Inventory Control? Definition 1. According to Gordon Carson‚ "Inventory control is the process where by the investment in materials and parts carried in stocks is regulated‚ within pre-determined limits set in accordance with the inventory policy established by the
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* FINANCIAL ANALYSIS * Introduction: You already know the preparation of financial statements such as balance sheet and profit and loss account for the profitable and nonprofit able organizations. When the financial statement prepared different people interested in analyzing the financial statements by using different methods. These are comparative statement‚ Common size statement‚ Ratio analysis‚ Trend analysis‚ Fund flow analysis‚ etc. This procedure gives a important link between the accounting
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