Over the life of a mortgage, the payment to principal ________ and the portion to interest expense ________
A) increases; increases
B) decreases; increases
C) increases; decreases
D) decreases; decreases
Answer: C
You might also like to view...
Which question below represents a CRM predicting technology question?
A. What is the total revenue by customer? B. Why did sales not meet forecasts? C. What customers are at risk of leaving? D. All of these.
Sometimes a rise of only 10 percent in consumer demand can cause as much as a 200 percent rise in business demand for products for the next period. This is an example of ________
A) inelastic demand B) direct purchasing C) fluctuating demand D) derived demand E) a straight rebuy
Which of the following statements is false about a journal entry?
a. It may have more than one debit or credit entry. b. Credits are always indented. c. Accounts that are increased are always listed first. d. A space should be skipped between journal entries.
Matt, a training coordinator at ARC Technologies, and his team are organizing a workshop for the employees. Matt is meeting the vice president of finance to get support for an increase in the budget to accommodate a session by a well-known motivational speaker. Matt, in this case, is performing a(n) ________ activity of the boundary-spanning process.
A. ambassador B. groupthink C. action learning D. social loafing E. scout