Which One of the Following Agencies Can Produce for a Subscribing

question 58

Multiple Choice

Which one of the following agencies can produce for a subscribing member,almost instantaneously,a report about your past and present credit activity?

• A)federal reserve bank in your district
• B)consumer sentinel network
• C)federal trade commission
• D)public assistance office
• E)credit bureau

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Definitions:

Profitability

Refers to a company's ability to generate earnings over its costs and expenses within a specified time frame.

Absorption Costing

A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed overhead—in the cost of a product.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the return of an investment by its cost.

Markup Percentage

The percentage by which the cost of a product is increased to determine its selling price.