A 15-year mortgage compared to a 30-year mortgage has all of the following except
A) a lower appraisal fee.
B) less interest over the life of the loan.
C) higher payments.
D) a faster buildup of equity.
Answer: A
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Which of the following is an advantage of the budgeting process?
A) It requires very little input from various departmental managers, leaving them more time to devote to day-to-day activities. B) It can define specific goals and objectives that may be used in evaluating future job performance. C) It forces management to focus on the past and not be distracted by the day-to-day operations of the business. D) It requires no communication between various managers in the organization.
During which stage of the retail life cycle do companies establish multiple outlets?
A. early growth B. maturity C. decline D. accelerated development E. introduction
Meetings become boring and unproductive mainly because participants insist on relating personal preferences, experiences, and opinions that have little or no bearing on the discussion at hand
Indicate whether the statement is true or false
The Investment Advisers Act of 1940 requires persons and firms giving investment advice to clients to ________
A) attend education seminars B) demonstrate expertise in economics and finance C) impose administrative sanctions on securities buyers D) register with the Securities and Exchange Commission