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1 year ago

Match the correct EFTA and PCI Standards.

Business

2 answers:

IrinaK [193]1 year ago

6 0

Answer:

EFTA:

-report a stolen debit card

-place a stop payment on recurring payments

PCI:

-protect credit card data

-maintain a secure network

docker41 [41]1 year ago

3 0

Answer

EFTA (Electronic Fund Transfer Act)-place a stop payment on recurring payments

PCI standards-report stolen debit card, protect credit card data and maintain a secure network

Explanation

The Electronic Fund Transfer Act (EFTA) put in place laws that protect customers when making electronic bank transactions using computers, mobile devices and ATM machines. This Act can stop a payment that has been identified to occur recurrently.

The Payment Card Industry has data security standards and compliance that set policies and procedures to be followed in order to protect card transactions (debit, credit and cash) and eliminate the misuse of a card when making transactions. The standards which go under PCI are; reporting of stolen debit card, protecting credit card data and maintaining a secure network.

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Dairy Products, Inc., and Eden Farms Corporation form a joint venture to make and test-market Frosty Ice Cream. If this joint ve

IrinaVladis [17]

Answer:

The answer to this question is b. for a single project only.

Explanation:

A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.

The joint venture business usually last for the duration of the project it has come together to undertake. After which the individual businesses can go back to its usual operation.

Hence, the answer is b. for a single project only.

7 0

2 years ago

Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which

ozzi

Answer:

$8,000

Explanation:

khaki shorts khaki pants

machine minutes per unit 15 24

contribution margin per unit $16 $32

CM per machine minute $1.067 $1.33

minimum demand 3,000 3,000

machine minutes required 45,000 72,000

total machine minutes available 288,000

total machine minutes remaining 171,000

production 0 7,125

total production 3,000 10,125

total contribution margin $48,000 $324,000

if 100 more machines hours are added, then production time increases by 6,000 minutes which can be used to produce 250 more khaki pants. Contribution margin will increase by 250 x $32 = $8,000

I calculated contribution margin per minute, but you could also calculate contribution margin per hour to determine which product is more profitable. Contribution margin per hour for shorts = $64, and for pants = $80. The answer will not change.

8 0

1 year ago

A U.S. exporter sells $150,000 of furniture to a Latin American importer. The exporter requires the importer to obtain a letter

grandymaker [24]

Answer:

5.52%

Explanation:

Cost of Furniture= $150,000

discount= 5.25% (120-day note)

To get the exporter's true effective annual financing cost, we have:

$150,000*[1-(0.0525*120/360)] = 147,375$

=(150,000/147,375) 365/120-1 = 5.52%

Therefore, the exporter's true effective annual financing cost is 5.52%

6 0

2 years ago

From the ledger balances given below, prepare a trial balance for the Amaro Company at June 30, 2020. All account balances are n

prohojiy [21]

Answer:

Amaro Company

Trial Balance

June 30, 2020

Debit Credit

Cash $ 5800 $

Accounts Receivable $ 3000 $

Equipment $17,000 $

Accounts Payable $ $ 8100

Cleland, Capital $ $ 15,000

Cleland, Drawing $ 1200 $

Service Revenue $ $ 10,000

Salaries Exp $5100 $

Rent Expense $ 1000 $

Total  $ 33,100 $ 33,100

Trial balance is a list of all ledger accounts and cash book.

It can be prepared any time during the accounting period.

The debit and credit side of the trial balance are equal.

Expenses are debited . Drawing is an expense therefore it is debited.

3 0

1 year ago

The Bata Aerobics Company manufactures two models of steppers used for aerobics exercises. To manufacture each luxury model requ

Angelina_Jolie [31]

Answer:

to maximize profit it will produce:

400 units of luxury

none of standard.

Explanation:

luxury:

20 lb of pastic and 9 min of labor and 40 dollars profit

standard:

30lb plastic 6 of labor and $15

We calculate the contribution per constrain resourse:

labor hours

40 / 9 = 4.44

15 / 6 = 2.5

materials

40/20 = 2

15 / 30 = 0.5

As luxury provides better contribution in both categories we will maximize his production.

60 hours x 60 min per hours = 3,600 min

3,600 / 9 min = 400 units of luxury steppers

12,600/20 = 630 units of luxury

Once we use the labor hours we cannot keep producing, so we maximize the profit at 400 units of luxury at the given scenario.

As there is no amounft left for standard we don't produce any

5 0

2 years ago