Which of the Following Is Not True About Credit Card

question 113

Multiple Choice

Which of the following is not true about credit card costs?

• A)You can avoid annual fees by shopping around but the tradeoff for no annual fee might be a higher interest rate.
• B)Over-limit fees are charged whenever you exceed your credit line.
• C)6% of late-payment fees are incurred by college students.
• D)Cash advance fees are often about 1% of the amount borrowed.

Acknowledge the changing demographics and diversity in the U.S. workplace.

Understand the accumulation of job costs and the flow of costs in a job order costing system.

Calculate overhead rates and apply overhead to jobs using predetermined rates.

Differentiate between direct and indirect costs and understand the role of each in job costing.