Answer the following statement(s) true (T) or false (F)
P2P lenders charge fees for brokering and servicing loans and collect penalties for late payments.
ANSWER: True
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Typical person sources tend not to have a high level of credibility
Indicate whether the statement is true or false
Strategic alliances are arrangements in which two firms join forces and form a cooperative partnership. Discuss the potential advantages of strategic alliances.
What will be an ideal response?
GAAP and IFRS require firms to report trading securities at fair value on the balance sheet. The income statement reports the debit (loss) for decreases in the fair value and the credit (gain) for increases in the fair value of trading securities in an account with a title such as _____
a. Realized Holding Loss (or Gain or Gains and Losses, net) on Long-Term Securities b. Unrealized Holding Loss (or Gain or Gains and Losses, net) on Short-term Securities c. Realized Holding Loss (or Gain or Gains and Losses, net) on Trading Securities d. Unrealized Holding Loss (or Gain or Gains and Losses, net) on Trading Securities. e. Realized Holding Loss (or Gain or Gains and Losses, net) on Short-Term Securities.
What is the time to hire if the job opening was posted on October 1, the interview took place on October 10, the position was filled on October 15, and the new hire started work on October 20?
A. 15 B. 10 C. 5 D. 20 E. 25