For what period of time must the lender hold the terms of the GFE for the borrower?

A)?3 days
B)?7 days
C)?10 days
D)?Until the time of the closing


C

Business

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A company's acceptance of credit cards like Visa is an example of

A) securitization. B) factoring with recourse. C) discounting. D) factoring without recourse.

Business

Use the direct method to compute the payments made to employees. (Accrued Liabilities relate to other operating expense.)

Dental, Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2019:











A) $72,200

B) $43,500

C) $24,700

D) $47,500

Business

Hatch and Schultz (2001) argue that expressive organizations align three major organizational features: vision (strategy), culture (employees), and image (brand) by analyzing the three possible gaps between them. One gap is the image-culture gap which refers to _______________.

a. Management develop a vision not shared by employees, and which alienates or separates employees from the strategy of the organization b. Employees behave in ways that are inconsistent with the organizations espoused image c. There is conflict between the organizations vision and how the organization is being perceived in its own environment d. The image of the organization is stronger than its culture and so people behave more consistent with the image than the culture

Business

Professionals may not always be liable in negligence to all persons who have suffered a loss

as a result of their negligent actions. Indicate whether the statement is true or false

Business