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What is debt services default? (0.5 points) When an individual, company or sovereign nation borrows money. there are usually legal obligations that have been set out in a debt contract. 4. What is the Better Business Bureau?
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2. A monthly bank reconciliation is prepared by someone who has no other cash responsibilities. 3. Ellen May writes checks and also records cash payment journal entries. 4.
How much you owe is 30% of your FICO score. Basically shows the amount you owe on all of your accounts, how many accounts you have opened, the balances, and how much available credit you are using at the moment. The more money you owe, the less available credit you will have, which will lower your credit score. The length of your credit history is 15% of your FICO score. Possessing a long credit history will increase the chances of a better score.
Assignment 2: Use Cases Strayer University CIS 210 (Systems Analysis Development) 5 May 2014 Describe a use case, complete with typical and alternate courses, that documents the event of a bank customer withdrawing money from an ATM. A use case for a bank customer withdrawing money from an ATM begins prior to the customer walking or driving up to the ATM, the customer must first get an ATM card or debit card that can be used in ATM’s. When a customer arrives at the ATM the machine is in an idle or standby state until the customer inserts his/her ATM card. Once the card is inserted the ATM then requests that the user verifies their authorization to use the card by requesting the customer to enter the PIN that is associated with
c. Money orders, postdated checks, personal checks, time deposits. d. Silver coins, money orders, demand deposits, personal checks. 5. Which of the following methods of accounting for uncollectible accounts
Never leave drawer open. 2. Procedures to follow at end of day to close out: a. Count the coins and currency in the drawer. Record on daily cash and sales report.