Patterns Discovered from ________ Enable Businesses to Identify Opportunities and Risks

question 25

Multiple Choice

Patterns discovered from ________ enable businesses to identify opportunities and risks in order to better plan for ________.

• A) past archives; the future
• B) current data; the future
• C) current data; today
• D) past archives; today

Describe federal protections against billing mistakes/errors.

Understand and identify phishing scams.

Recognize considerations before cosigning a loan.

Describe consumer advisories when activating new credit cards.

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Definitions:

Past Income

The amount of money earned in preceding periods, often used to assess financial stability or creditworthiness.

Inheritance

Assets received from someone who has died, transferring wealth or obligations from the deceased to their legal heirs or beneficiaries.

Federal Governments

A system of government where power is divided between a national (federal) government and various regional governments.

Command Economy

A system of economy in which all determinations about the generation and distribution of products and services are made by the state or central authority.