Which of the following is NOT true regarding mortgaged-backed securities (MBS)?
A) The MBS process allows the mortgage bank or other financial institution that made the
original mortgage loan to get its money back out of the loan and lend it to someone else.
B) Securitization provides liquidity to the mortgage market and makes it possible for banks to
loan more money to home buyers.
C) MBS are sold to investors who can hold them as an investment or resell them to other
investors.
D) All of the above statements are true.
D
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Under the percentage of sales method, when making the adjusting entry, you can ignore any balance in Allowance for Bad Debts
Indicate whether the statement is true or false
Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold$530,000? Merchandise inventory, January 1 88,000? Merchandise inventory, December 31 103,000? Accounts payable, January 1 74,000? Accounts payable, December 31 63,000?
A. $618,000. B. $504,000. C. $545,000. D. $556,000. E. $541,000.
Baxter, a hospital administrator, is facing a challenge stressor today so he is likely to
A) feel indifferent to what is going on around him. B) be less motivated and perform more poorly. C) be more motivated and perform better. D) go into a state of panic because of a system collapse.
Which tool can help organizational members understand what factors would support a given change effort and what resistance might prevent the change from being adopted?
a. Nadler-Tushman Congruence Model b. Force Field Analysis c. Weisbord’s Six-Box Model d. Gap Analysis