answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Harrizon [31]
2 years ago
5

Explaining to a borrower the fees that make up the Annual Percentage Rate (APR) of a borrower’s loan is:

Business
1 answer:
ladessa [460]2 years ago
7 0

Answer: b. Permissible if the Notary Signing Agent has the breakdown of the fees

Choices are:

“A. prohibited under all circumstances, regardless of the Notary Signing Agent’s level of expertise”

“B. permissible if the Notary Signing Agent has the breakdown of the fees”

“C. recommended in order to convince the borrower he or she is getting a fairly priced best loan”

“D. encouraged in order to provide superior customer service to the borrower”

The notary is allowed to explain the fees that make up the Annual Percentage Rate (APR) of a borrower’s loan but he is not allowed to comment on its source, its accuracy, or his opinion of the information.

You might be interested in
A Process Breakdown Structure can provide a reasonable alternative to a Work Breakdown structure for an extensive development pr
creativ13 [48]

Answer: phase exit criteria is firmly establish

Explanation:

A work breakdown structure simply has to do with the completion of tasks in order to get the final product. The aim of the work breakdown structure is to keep project members focused and achieve their goals.

Process Breakdown Structure can provide a reasonable alternative to a work breakdown structure for an extensive development project if the phase exit criteria is firmly establish.

6 0
2 years ago
Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
Tresset [83]

Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

8 0
2 years ago
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $22,800 ($1,900/month) in advance
Tems11 [23]

Answer:

1.

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3.

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

Explanation:

1.

On October 1, , the following journal entry will be recorded in respect of the advance rent paid by the Hoosiers for one year of rent space at local mall:

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

The year end given in this question is December 31 and the prepaid rent is  paid for one year and since the rent is paid on October 1,  therefore, only expense in respect of 3 months i.e. from October to the December  will be recognised in this year in respect of rent expense. Remaining expense of nine months will be recognised in the next year.

The following adjusting Journal entry will be recorded in respect of rent expense in accounts on December 31.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3. The year end adjusting balance of prepaid rent and rent expense will be calculated as

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

4 0
2 years ago
_________________ involves planning, implementing, and controlling the physical flow of goods, services, and related information
gogolik [260]

Answer:

Logistics

Explanation:

Logistics is the process of managing the movement of merchandise or resources from their point of origin to the intended consumer.  Logistics in an organization is the management of mobility and storage activities undertaken by the company. Logistics management will involve the identification of distributors and suppliers of the company's products.

Poor logistics will hurt business performance. If the company's products are not available for consumers to buy,  low sales will be realized. An inefficient logistics system will make company products expensive.  As a result,  the company's goods becomes uncompetitive in the market.

8 0
2 years ago
Bennett Company produces two products from a joint process: A and C. Joint processing costs for this production cycle are $9,000
Galina-37 [17]

Answer:

$2,938

Explanation:

Calculation to determine what amount of joint processing cost is allocated to Product A Using sales value at split-off,

First step is to calculate the Total for Product A and C

Product A 1,800* $7.00= $12,600

Product C 2,600* $10.00= $26,000

Total $38,600

($12,600+$26,000)

Now let calculate amount of joint processing cost is allocated to Product A

Joint processing cost is allocated to Product A=$(12,600/38,600)*$9,000

Joint processing cost is allocated to Product A = $2,938

Therefore Using sales value at split-off, what amount of joint processing cost is allocated to Product A is $2,938

3 0
2 years ago
Other questions:
  • Imagine that you are looking for a job as a interior decorator. Describe four specific ways that you could look for job leads
    14·2 answers
  • A new restaurant has introduced a wildly popular macaroni and cheese dish made with goat cheese. however, at approximately the s
    10·2 answers
  • Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectivel
    6·1 answer
  • Delta Insurance is a property insurer that entered into a surplus-share reinsurance treaty with Eversafe Re. Delta has a retenti
    7·1 answer
  • Third Major Corp. lost a lot of its employees when its competitor offered them more pay. Two of Third Major's teams were short o
    11·2 answers
  • Gia Company has the following information​ available: Cash pledged as collateral $ 2 comma 000 comma 000 U.S. Treasury bill due
    15·2 answers
  • Upon acquiring a new computer operating system, management at Berryhill worried that computer virus might cripple the company's
    13·1 answer
  • The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi
    12·1 answer
  • You are a business owner of a firm that services trucks. A customer would like to rent a truck from you for one week, while you
    8·1 answer
  • 4. As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar is R$1.95/$. The consensus forecast for
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!