The Fair and Accurate Credit Transactions Act

question 28

Multiple Choice

The Fair and Accurate Credit Transactions Act

• A) gives consumers the right to request a free copy of their credit report every year.
• B) allows credit bureaus to sell personal financial information they have gathered.
• C) makes it possible for a consumer to declare bankruptcy without harming his or her credit rating.
• D) ensures that people with criminal convictions are still able to obtain credit.
• E) All of the above

---

Definitions:

Manufacturing Operations

Activities related to the production of goods, including the conversion of raw materials into finished products, often involving a combination of human labor, machinery, and technology.

Raw Materials Used

The basic materials and components that are consumed in the manufacturing process to produce finished goods.

Total Cost

Total cost refers to the sum of all expenses incurred in producing a product or providing a service, including both fixed and variable costs.

Finishing Products

The final stages in the production process where goods are completed and made ready for sale.