credit unions represent nonprofit, member-owned financial cooperatives that offer the full variety of banking services to their members. true or false

Answers

Answer 1

True. Credit unions are nonprofit, member-owned financial cooperatives that offer a full range of banking services to their members.

Credit unions are financial institutions that are owned and operated by their members, who are typically individuals who share a common bond, such as working for the same employer, belonging to the same organization, or residing in the same community. As member-owned cooperatives, credit unions prioritize the needs and interests of their members rather than external shareholders.

Being nonprofit organizations, credit unions are focused on providing services and benefits to their members rather than generating profits for shareholders. They aim to provide affordable financial products and services, such as savings accounts, checking accounts, loans, mortgages, and other banking services, at competitive rates.

Credit unions are known for their cooperative principles, including member ownership, democratic control, and a commitment to community development. They often offer personalized service, competitive interest rates, and lower fees compared to traditional banks. The profits generated by credit unions are typically reinvested in the organization or distributed back to members in the form of dividends or reduced fees.

In summary, credit unions are nonprofit, member-owned financial cooperatives that provide a wide range of banking services to their members. They operate under the cooperative principles, focusing on the best interests of their members and promoting financial well-being within their communities.

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Related Questions

I made a website but I need help
can you help me https://manage.wix.com/dashboard/dfc0d810-392a-4bd4-afe2-bc2a5618e9ca/home?referralInfo=my-sites

Answers

Answer:

that depens am i going to regreat it or not?

Explanation:

the allowance method for uncollectible accounts conforms to the expense recognition principle.
True or False

Answers

The allowance method for uncollectible accounts conforms to the expense recognition principle, which states that expenses should be recognized in the period in which they are incurred, regardless of when payment is received. The statement is True.

Under the allowance method, a company estimates the number of accounts receivable that will be uncollectible and records an allowance for that amount as a contra asset. This reduces the net realizable value of accounts receivable on the balance sheet and recognizes the expense of uncollectible accounts on the income statement. In order to reflect the expected amount of uncollectible accounts, the allowance for doubtful accounts and contra-asset accounts is simultaneously formed on the balance sheet.

The allowance technique complies with the cost recognition principle and guarantees that expenses are accurately matched with the revenues they assist generate by recording bad debt expense in the same period as the relevant sales income.

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customers interacting with omnichannel retailers most desire a(n) ________ experience.

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Customers interacting with omnichannel retailers most desire a(n) seamless experience.

A seamless experience refers to a cohesive and integrated customer journey across various channels and touchpoints. Customers expect a consistent and uninterrupted experience as they switch between online and offline channels, such as websites, mobile apps, physical stores, social media platforms, or customer service interactions.

In an omnichannel retail environment, customers desire a seamless experience where they can effortlessly navigate between channels, access consistent product information, make purchases, and receive support or assistance. They expect their preferences, purchase history, and interactions to be seamlessly synchronized across channels, allowing for personalized and convenient interactions.

Retailers that prioritize delivering a seamless experience invest in technologies and strategies to integrate their channels, unify customer data, and provide a consistent brand experience. This includes features like click-and-collect, cross-channel inventory visibility, personalized recommendations, and smooth transitions between digital and physical touchpoints.

By offering a seamless experience, omnichannel retailers can enhance customer satisfaction, build loyalty, and differentiate themselves in a competitive market.

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When an economy produces more smartphones and fewer cars, it is answering the?

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When an economy produces more smartphones and fewer cars, it is answering the 'what' question.

What is an economy?

A complex system of linked trading, consumption, and production activities make up an economy, and it ultimately decides how resources are distributed among all the players. The requirements of persons who live and work inside the economy are met by the creation, consumption, and distribution of products and services. A country, a region, a single industry, or even a family may be represented by an economy. Every economy is different. Each is shaped by the resources, laws, cultures, histories, and geographies that are unique to it. Each change as a result of the individuals' decisions and behaviours. These choices are decided using a combination of collective or hierarchical decision-making and market transactions.

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US farmers start cutting down their pecans groves to make more land available to plant more profitable crops would cause the supply of
pecans to what?
A. Increase right
B. Decrease left
C. Not change

US farmers start cutting down their pecans groves to make more land available to plant more profitable

Answers

Answer:

b

Explanation:

cuz

Answer:

I would say that it would decrease

Explanation:

Where do you report a stolen credit card to efta standards or pci standards

Answers

A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.

To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.

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1) Consider the market for new cars. a. Identify four factors that may influence the demand for new cars (either movements along the demand curve or shifts of the demand curve). (2pts) b. Identify four factors that may influence the supply of new cars. (2pts) c. If the cost of steel goes up, how will supply or demand (if either) be affected? What will happen to the equilibrium price and quantity? Show graphically. d. If the cost of parking goes up, how will supply or demand (if either) be affected? What will happen to the equilibrium price and quantity? Show graphically. (2pts) e. Suppose the U.S. Environmental Protection Agency announces it will require new light trucks and sport utility vehicles (SUVs) to install pollution control devices that will increase their cost. How will the supply and demand curves (if either) for cars might be affected? (Assume cars and SUVs are considered different goods.) What will happen to the equilibrium price and quantity of cars? (2pts) f. Consider the difference between the short run of a few days or weeks and the long run of a few months or years. Suppose the price of gasoline goes up. How will the supply and demand curves be affected in the short run? What will happen to the equilibrium price and quantity of cars? (2pts) g. In the long run, how would your answer to part f. change? (2pts)

Answers

Demand factors refer to variables that influence the quantity of a good or service that consumers are willing and able to purchase. Supply factors refer to variables that affect the quantity of a good or service that producers are willing and able to offer for sale.

a. Four factors that may influence the demand for new cars are changes in consumer income, price of related goods such as used cars or public transportation, consumer preferences and tastes, and availability of financing options.

b. Four factors that may influence the supply of new cars are the cost of production, availability of raw materials such as steel and rubber, technological advancements in the manufacturing process, and the number of firms operating in the market.

c. If the cost of steel goes up, the supply curve for new cars will shift to the left, leading to a decrease in the equilibrium quantity and an increase in the equilibrium price. This is because a higher cost of steel increases the cost of production, leading to a decrease in the quantity supplied at any given price level.

d. If the cost of parking goes up, the demand curve for new cars will shift to the left, leading to a decrease in the equilibrium quantity and a decrease in the equilibrium price. This is because a higher cost of parking decreases the value of owning a car, leading to a decrease in the quantity demanded at any given price level.

e. The supply curve for cars may shift to the right as a result of the increase in the cost of SUVs, which are substitutes for cars. This is because consumers may shift their demand from SUVs to cars, leading to an increase in the quantity demanded for cars at any given price level. The equilibrium price and quantity of cars will depend on the magnitude of the shift in the supply and demand curves.

f. In the short run, the demand for cars will be relatively inelastic, meaning that the quantity demanded will not change much in response to a change in price. Therefore, the equilibrium price of cars will increase, but the equilibrium quantity may remain relatively unchanged.

g. In the long run, firms will have more time to adjust to changes in the market, leading to an increase in the supply of more fuel-efficient cars and a decrease in the demand for less fuel-efficient cars. This will result in a decrease in the equilibrium price of cars and an increase in the equilibrium quantity. Additionally, consumers may adjust their preferences and opt for more fuel-efficient cars, further shifting the demand curve to the right.

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How do the decisions you make as a consumer affect people all over the world?

Answers

Answer:

As a consumer I can influence the economy in different ways. When buying certain product or service, I am signaling that I like that certain product so producer will produce more of that product. In addition, it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors. Reason for that can be quality or price, so they will try to change something to stay competitive on the market. In addition to this, the consumer can join private organizations, interest groups, and lobby, influence public officials to vote according to the wishes of that group. In other words, with interest groups, consumers can push their agenda.  

Answer:

As a consumer I can influence economy is different ways. ... In addition it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors.

What is it called when businesses are doing poorly and stock prices drop?

Answers

Answer:

When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds

Explanation:

As a Social Media Advertising Specialist your client invests $11,927 on a budget of $12,500. You can directly attribute $18,177.00 in return to your advertising strategy. A) How much under budget was your strategy? B) What is the return on investment for implementing this strategy with your client. As a result of your performance your contract is extended with the client

Answers

Answer:

Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable

john had a lot of medical bills over the course of a year. his total bill was 5600. his insurance company would not post any of his bill until he paid 500. this is called a

Answers

Until he paid 500, his insurer would not publish any of his bill. It is known as a deductible.

The term "deductible" means what exactly?

The deductible in an insurance contract is the sum that must be paid out of cash by the policyholder before the insurance company will cover any costs.

In common parlance, the term "deductible" may be used to refer to any one of a number of clause types that insurance firms employ to establish a payment threshold for policies.

The deductible is the sum that a policyholder must pay out of pocket before the insurance provider begins to make payments. In other terms, the insurance provider is only required to pay a claim when the amount is greater than the deductible.

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Biff, an individual taxpayer who subleases space from abc company, agrees to provide plumbing services to abc company in connection with abc's business. biff bills abc $700, but agrees to accept a reduction in his rent in the same amount instead of a cash payment. what is abc's information reporting requirement?

Answers

ABC must report the $700 reduction in rent on the 1099-MISC Miscellaneous Income form issued to Biff. The form will indicate the amount of the rent discount and the corresponding services that were provided in exchange for the discount. ABC must also file a copy of the form with the IRS.

ABC must provide Biff with a copy of this form to report the rent reduction on his personal income tax return. The form should also list the services that were provided in exchange for a reduction in rent. Biff is responsible for reporting the rental reduction as taxable income on his personal income tax return.

To ensure compliance with IRS regulations, ABC must provide Biff with a Form 1099-MISC by January 31 of the year following the year in which the rent reduction was made. In addition, ABC must submit a copy of the form to the IRS by March 31 of that year.

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during a risk analysis meeting, you are asked to specify internal threats being considered. which item is not considered an internal threat?

Answers

During a risk analysis meeting, identifying and discussing potential internal threats is a critical component of ensuring the security and stability of an organization's systems and operations. Examples of internal threats may include malicious or accidental actions taken by employees, contractors, or other trusted individuals who have access to sensitive information or systems.

One item that is not considered an internal threat is external events or natural disasters. While these events can certainly pose significant risks to an organization, they are not considered internal threats because they are not caused by individuals within the organization. Instead, external events are typically considered in the context of disaster recovery planning and business continuity efforts.

When identifying internal threats, it's important to consider a wide range of potential scenarios and vulnerabilities, from intentional attacks to human error and system failures. By taking a proactive approach to risk management and addressing internal threats, organizations can help minimize the potential impact of security incidents and safeguard their operations against potential disruptions.
Hi! During a risk analysis meeting, you might be asked to specify internal threats. Internal threats typically refer to risks originating within an organization and are often caused by employees, infrastructure, or organizational processes. Examples of internal threats include human error, disgruntled employees, insider fraud, or system failures.

An item that would not be considered an internal threat would be external attacks, such as cyber-attacks, natural disasters, or competitive threats. These threats come from outside the organization and are not caused by internal factors. They may require different strategies and resources to address, compared to internal threats. In summary, external threats are not considered internal threats during a risk analysis meeting.

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Three months ago you purchased fsl stock for $25 per share. today you sold the stock for $31 per share. what is your annualized return on this investment expressed as an apr?

Answers

The annualized return on this investment, expressed as an APR, is 96%.

To calculate the annualized return on investment, we need to know the time period for which the investment was held. If we assume that three months is the holding period, we can calculate the annualized return as follows:

First, calculate the total return by subtracting the purchase price from the selling price: $31 - $25 = $6.

Next, calculate the return percentage by dividing the total return by the purchase price: $6 / $25 = 0.24.

To annualize the return, we need to adjust for the three-month holding period. Since there are four three-month periods in a year, multiply the return percentage by four: 0.24 * 4 = 0.96.

Finally, convert the annualized return to an Annual Percentage Rate (APR) by multiplying by 100: 0.96 * 100 = 96%.

Therefore, the annualized return on this investment, expressed as an APR, is 96%.

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What type of segmentation categorizes consumers on the basis of the outcomes they hope to derive from a product or service

Answers

The benefit segmentation categorizes consumers based on the outcomes they hope to derive from a product or service.

What is market segmentation?

Market Segmentation is the practice of dividing the target market into approachable groups.

The basic five forms of consumer market segmentation are demographic, geographic, psychographic, benefit and volume.

The type of segmentation that categorizes consumers based on the outcomes they hope to derive from a product or service is a benefit.

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A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?

Answers

Answer:

663.58

Explanation:

From the problem:

E, the maximum allowable error, is $100

The value of z for a 99 percent confidence level is 2.576

Estimate of standard deviation is $1,000.

n = [(z x s)/ E] ^ 2

n = [(2.576 x 1000) / 100}^2

= 25.76^2

=663.58

Fixed Variable $ $ (1) Spending variance (2) Efficiency variance (3) Production-volume variance (4) Flexible-budget variance Underallocated (overallocated) manufacturing (5) overhead Nivola, Inc., produces chemicals for large biotech companies. It has the following data for manufacturing overhead costs during August 2017: (Click the icon to view the data.) Requirement Fill in the blanks. Use F for favorable and U for unfavorable: (Click the icon to view the table.) (If no variance exists leave the dollar value blank. Label the variance as favorable (F), unfavorable (U) or never a variance (N).) Variable Fixed (1) Spending variance (2) Efficiency variance (3) Production-volume variance (4) Flexible-budget variance (5) Underallocated (overallocated) manufacturing overhead i Data Table X Actual costs incurred Costs allocated to products Flexible budget Actual input budgeted rate Variable Fixed $ 34,500 $ 16,000 29,000 14,000 15,200 31,200

Answers

The spending variance for Nivola, Inc. is $5,500 unfavorable.The efficiency variance for Nivola, Inc. is $2,200 unfavorable.

The spending variance measures the difference between the actual costs incurred and the costs that were budgeted or expected. In this case, the actual variable costs incurred for manufacturing overhead were $34,500, while the budgeted variable costs were $29,000. expected, the spending variance is unfavorable.

The efficiency variance measures the difference between the actual input quantity used and the budgeted input quantity, multiplied by the budgeted rate. In this case, the actual input quantity used for manufacturing overhead was 14,000 units, while the budgeted input quantity was 15,200 units..

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How can you take effective notes during a classroom lecture? Check all that apply.
Write down everything I hear.
Use the Cornell method.
Listen for keywords.
Pause to take notes when needed.
Write down notes without pausing.
Sit where I can see the speaker.

Answers

Answer:

bcdf

Explanation:

from the standpoint of an owner, a major advantage of the sole proprietorship is the:

Answers

From the standpoint of an owner, a major advantage of the sole proprietorship is the ease of operation and control. A sole proprietorship is a business structure that is owned and operated by a single individual, who retains full control over all aspects of the business.

This means that the owner has the freedom to make all decisions and can quickly respond to changes in the market or the needs of customers without having to consult with partners or shareholders. Another advantage of the sole proprietorship is the simplicity of the legal and regulatory requirements. The owner is not required to file separate tax returns or legal documents for the business, as the business is considered to be an extension of the owner's personal finances.

Additionally, a sole proprietorship is not required to share profits with other owners, as is the case with partnerships or corporations. This means that the owner can retain all of the profits generated by the business and reinvest them in the business or use them for personal expenses. Overall, the simplicity, control, and financial benefits of a sole proprietorship can make it an attractive option for many entrepreneurs.

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2. A flexible tape with different type of measurements essential for taking
body measurements.
a. ruler
b. yard stick
c. hem gauge
d. tape measure​

Answers

I believe the answer is d. Tape measure.

Hope this helps! ^^

Distinguish between the concepts of service vs. product marketing strategies. Provide an example of each and evaluate why each is essential to hotel operations.

Answers

Answer:

service mena intangible or we can't take it with us or purchase it to take home

product is tangible it is something we can purchase at any time any place

Explanation:

for example service we can see in hotel a room service

for the product we can see Chocolate we can purchase it any where and take to other place but in contrast we can't take service

Both service marketing strategies and product marketing strategies are sales and promotion tactics for various product and service offerings. The nature of the offering itself is where the two differ most from one another.

Why do you want to get into product marketing?

At the same time, it's very difficult and rewarding. Cross-functional teams are frequently led by product marketing managers, giving you exposure to a wide range of job functions. A profession in product marketing allows you to have an influence and redistributes meaning to your work.

Service marketing methods emphasize the quality and customization of intangible services, while product marketing strategies concentrate on the attributes and advantages of tangible commodities. Both forms of marketing tactics seek to draw in and keep clients, but because the products and services offered differ, they call for distinct methods.

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Need help answer this question please help me

Need help answer this question please help me

Answers

Answer:

 b). 4 and 14 units

Explanation:

The equilibrium point is the intersection of demand and supply curves. It is a condition of no excess or shortage in supply or demand in the market. At equilibrium, the quantity demand matches the quantity supplied.

At the equilibrium situation, buyers are willing to purchase the quantity supplied at the stated price. It implies both suppliers and buyers are happy with the current supply and price.

I want to buy a new car. My choices are a red convertible sports car or a full-size pick-up
truck. I chose the convertible. What is my opportunity cost?

Answers

pickup and 20,000 i think

The most you sought was her promotion, For 'twas your heaven she should be advanced. And weep ye now, seeing she is advanced Above the clouds, as high as heaven itself?

Answers

These words are taken from William Shakespeare's play "Othello" in Act III, Scene 3. Iago is conversing with Othello in this scene, playing with his emotions and planting seeds of doubt about Desdemona's loyalty.

The lines indicate that Desdemona's claimed infidelity was caused by Othello's desire to advance in society and express Iago's suspicion and fake sympathy for Othello. Lago compares Desdemona's position to being above the clouds and as high as heaven, implying that she has reached a point where it is no longer possible to reach her. These quotes support Iago's deception and Othello's growing anguish throughout the play.

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Your question is incomplete, most probably the complete question is:

Answer the question from the Act III, Scene 3 of William Shakespeare's play "Othello.

The most you sought was her promotion, For 'twas your heaven she should be advanced. And weep ye now, seeing she is advanced Above the clouds, as high as heaven itself?

You purchase $300 worth of the same stock every quarter for one year at prices per share of $15, $12, $10, and $20, respectively. By using this dollar-cost averaging strategy, you paid less overall than the average share price of $14.25. What was the average cost per share that you paid?
please help​

Answers

Answer:

$13.33

Explanation:

The average cost of purchase for each stock throughout the year will be $13.33 per share.

What is the average cost?

Average cost refers to total cost incurred divided by the total quantity purchased for such product. Using the given information, the average cost per share can be calculated as,

Total Cost will be $1200, as $300 worth of shares were purchased in each quarter. And the total quantity accumulated throughout this period was 90 shares.

So, the average cost per share will be,

\(\rm Average\ Cost\ = \dfrac{Total\ Cost}{Total\ Quantity}\\\\\rm Average\ Cost\ = \dfrac{1200}{90\\}\\\rm Average\ Cost\ =\$13.33\)

Hence, the average cost per share will be $13.33 for shares purchased throughout the year.

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Which is a characteristic of judging approach

Answers

Answer:

Clarity and Closure

Explanation

Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.

Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.

Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.

Document 7: According to the author, what aspects of life are improved under communism?

CAN SOMEBODY HELP ME:(

Document 7: According to the author, what aspects of life are improved under communism?CAN SOMEBODY HELP

Answers

Communist ideology supports widespread universal social welfare.

Improvements in public health and education, provision of child care, provision of state-directed social services, and provision of social benefits will, theoretically, help to raise labor productivity and advance a society in its development.

What is social welfare?

The term "social care" does not have a precise definition. Today, social care encompasses a wide range of activities and services by volunteers, non-profit organizations and government agencies. Social care includes assistance provided to those in need; activities and resources to improve or promote the well-being of individuals, families and wider society; and broad efforts to eliminate or reduce the incidence of social problems.

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Drag each tile to the correct box. Natasha is in the middle of choosing a career. Arrange her actions in the decision-making process in the correct order. 1)Natasha wants to choose a career that will allow her to help animals. 2)Natasha researches about what it's like to be a veterinarian. 3)Natasha decides that she wants to be an equine veterinarian. 4)Natasha learns more about the different possible veterinarian types.

Answers

Answer:

1)Natasha wants to choose a career that will allow her to help animals.

2)Natasha researches about what it's like to be a veterinarian.

3)Natasha learns more about the different possible veterinarian types.

4)Natasha decides that she wants to be an equine veterinarian

Explanation:

The scenario regarding Natasha explains the decision making process. The first stage is Natasha identifying get decision that she wants to choose a career that will allow her to help animals.

Then, she needs to collect more information to know what the career entails and then she researches about what it's like to be a veterinarian.

Then, she identified the alternatives as she learned about the different types of veterinarian that we have.

Lastly, she choose among the alternatives after learning about the different types and getting every necessary information to help her make her choice, she the decided that she wants to be an equine veterinarian that's a veterinarian that looks after horses and cares for them.

What is the name of the specific protection that the insurer provides to the policy holder
OA
exclusion
OB rider
OC coverage
OD premium

Answers

Answer:

option D is correct answer

Explanation:

hope it's helpful for you

Answer:

C coverage

Explanation:

What is the name of the specific protection that the insurer provides to the policy holderOAexclusionOB

Is eating a tomato bias?

Answers

Answer:

hindi ko po maintindihan ang tinatanong nyo

Explanation:

sa susunod po kumpletuhin nyo para masagut ko ang tanong mo

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