PITI stands for the total of your monthly
A) principal, income, taxes, and insurance.
B) principal, interest, taxes, and insurance.
C) principal, interest, taxes, and income.
D) premiums, interest, taxes, and insurance.
Answer: B
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Which sentence de-emphasizes the nonessential sentence information?
A) Professor Jenkins--who recently returned from a sabbatical leave--finally published his novel. B) ?Professor Jenkins, who recently returned from a sabbatical leave, finally published his novel. C) Professor Jenkins (who recently returned from a sabbatical leave) finally published his novel.
Preparing a bank reconciliation is a control activity.
Answer the following statement true (T) or false (F)
A corporation issued 2,500 shares of its no par common stock at a cash price of $11 per share. The entry to record this transaction would be:
A. Debit Cash $27,500; credit Common Stock $27,500. B. Debit Cash $27,500; credit Paid-in Capital in Excess of Par Value, Common Stock $2,500; credit Common Stock $25,000. C. Debit Common Stock $27,500; credit Cash $27,500. D. Debit Treasury Stock $27,500; credit Cash $27,500. E. Debit Treasury Stock $2,500; debit Paid-in Capital in Excess of Par Value, Treasury Stock $25,000; credit Common Stock $27,500.
Approximately what proportion of the observations is between 195 and 315?
What will be an ideal response?