Retirees may remain in their homes while accessing the home equity for supplemental income through the use of a
A)
reverse mortgage.
B)
shared appreciation mortgage.
C)
price level adjusted mortgage.
D)
decreasing term mortgage.
A
You might also like to view...
Expired costs are called
A) assets B) expenses C) revenues D) profit
What is cultural diversity, and why is it an important issue?
What will be an ideal response?
Kropf Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 7.4liters$7.00per literDirect labor 0.70hours$21.70per hourVariable manufacturing overhead 0.70hours$5.90per hour?The company has reported the following actual results for the product for September: Actual output 9,600unitsRaw materials purchased 75,000litersActual cost of raw materials purchased 562,500 Raw materials used in production 71,050litersActual direct labor-hours 6,410hoursActual direct labor cost$142,302 Actual variable overhead cost$34,614 ?Required:?a. Compute the materials
price variance for September.?b. Compute the materials quantity variance for September.?c. Compute the labor rate variance for September.?d. Compute the labor efficiency variance for September.?e. Compute the variable overhead rate variance for September.?f. Compute the variable overhead efficiency variance for September. What will be an ideal response?
Account management policies refer to policies that
A. specify whom salespeople should contact, what kinds of selling and customer service activities should be engaged in, and how these activities should be carried out. B. specify how salespeople will be compensated and how sales performance will be evaluated. C. determine the sales quotas for the upcoming year based upon past sales performance and current estimates of demand. D. specify the organizational structure of the salesforce and set the sales goals for both individual sales representatives and the salesforce as a whole. E. specify which products or services will be offered to which consumers, through which outlets, and at what price.