An assumable loan is one that can be transferred to a new buyer who simply takes over the loan obligations

Indicate whether this statement is true or false.


Answer: TRUE

Business

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What percentage of total digital ad spending is accounted for by mobile?

A) 1 percent B) 7 percent C) 17 percent D) 30 percent E) 43 percent

Business

Answer the following statements true (T) or false (F)

1. For a merchandising company, the selling and administrative expense budget separates fixed and variable expenses. 2. When preparing the selling and administrative expense budget, there is no need for a merchandising company to separate mixed costs into the fixed and variable components. 3. The financial budget of a merchandising company is similar to that of a manufacturing company. 4. When a merchandiser calculates the budgeted cash payments for selling and administrative expenses, noncash expenses like depreciation are also considered.

Business

Sole proprietors have limited liability for the sole proprietorship's debts

a. True b. False Indicate whether the statement is true or false

Business

A subquery is appropriate only if the final result contains only data from a single table

Indicate whether the statement is true or false

Business