Once a fraudster has gained confidence that the identity theft is working, he or she often takes out a loan using the victim's identity. The most common type of fraudulent loan is for which of the following items?
a. foreign travel.
b. purchasing real estate.
c. education.
d. an automobile.
d
FEEDBACK: a. Incorrect.
b. Incorrect.
c. Incorrect.
d. Correct.
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SHARE is trying to determine how many clients must be serviced in order to cover its monthly service overhead. Using the high-low method, it has determined that the variable cost per client is $800 and that the monthly fixed overhead is $28,000. Assuming an average fee of $1,400 per client and a targeted profit of $26,000, the number of clients to be serviced is
a. 80 clients. b. 120 clients. c. 47 clients. d. 90 clients.
Continuous learning is a repeating cycle of ________ throughout one's career.
A. surveillance, recognition, and action B. exploration, discovery, and action C. exploration, initiation, and action D. exploration, discovery, and renewal E. surveillance, discovery, and action
A corporation's income statement includes some unique items that do not often apply to smaller businesses
Indicate whether the statement is true or false
Jill believes that she should file a plan for a Chapter 13 discharge in bankruptcy. A court will confirm her bankruptcy plan if it provides for A) the completion of all payments to all creditors within six years
B) the payment of 100 percent of all obligations in full. C) the surrender of all collateral to the creditors. D) the turnover of the debtor's future income to the trustee.