A wrap?around mortgage:
A)?Can be used to avoid the exercise of a due?on?sale clause

B)?Has the seller carrying the full amount of the mortgage.
C)?Has the buyer assuming the existing mortgage.
D)?None of the above


B

Business

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Which of the following documents is prepared by to a company's accounting department?

a. Receiving report b. Check authorization c. Bank statement d. Invoice

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Which of the following is not a supplemental disclosure by the lessee required by SFAS No. 13 for noncancellable operating leases in excess of one year?

a. Future minimum rental payments in aggregate and for each of the succeeding five periods b. The present value of minimum lease payments c. Total minimum rentals to be received under non-cancellable subleases d. Rental expenses with separate totals for minimum rentals, contingent rentals, and sublease rentals

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A ________ is a small, lightweight, power-conserving, computing device that is capable of wireless connectivity.

A. server B. mobile device C. server cluster D. mainframe computer E. PC

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Which of the following is not one of the spending reduction strategies used following a spend analysis?

a. Consolidation of unrelated purchases b. Consolidation of similar purchases. c. Reduction in the number of suppliers. d. Reduction of maverick spend. e. Increased use of more efficient contracting methods.

Business