Wage differentials refer to situations wherein different workers receive different rates of wages for performing the same kind of work and holding down the same types of job

Indicate whether the statement is true or false

T

Business

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When a company is using the direct write-off method, and an account is written off, the journal entry consists of a ________

A) debit to Accounts Receivable and a credit to Cash B) credit to Accounts Receivable and a debit to Bad Debts Expense C) debit to the Allowance for Bad Debts and a credit to Accounts Receivable D) credit to Accounts Receivable and a debit to Interest Expense

Business

Which federal law requires originators to use their best judgment in determining demographic information on a borrower if the borrower does not provide the information voluntarily?

a. CRA b. HMDA c. TILA d. RESPA

Business