Proper borrowing Study guides, Class notes & Summaries

Fiscal Law Competency 1 Exam Questions and Answers Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time, and Amount (PTA) In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? - ANSWER DoD General Counsels, Courts What are the basic types of budget authority used in the Federal Government? - ANSWER Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Col...

CLFP EXAM, Financial and Tax Accounting for Leases Questions and Answers – Latest 2024/2025. What is a primary goal of the accounting profession? correct answerConsistent treatment of like transactions to allow clarity in presentation and consistency in interpretation of financial statements prepared by various individuals or entities. How did APB (Accounting Principals Board) fail? correct answerCreated Opinion #5 (Reporting of Leases in Financial Statements of Lessees) and Opinion #7 (Ac...

Loan Processing - ANSWERSThe process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision Underwriting - ANSWERSThe process of evaluating a borrower's loan application to determine the risk involved for the lender Funding - ANSWERSThe process of transferring funds to a title or escrow company for disbursement Servicing - ANSWERSSending monthly payment statements and collecting monthly payments, maintaining payment r...

CLFP EXAM, Financial and Tax Accounting for Leases Questions and Answers Latest Update 2024/2025. What is a primary goal of the accounting profession? correct answerConsistent treatment of like transactions to allow clarity in presentation and consistency in interpretation of financial statements prepared by various individuals or entities. How did APB (Accounting Principals Board) fail? correct answerCreated Opinion #5 (Reporting of Leases in Financial Statements of Lessees) and Opinion #7 ...

A person applying for an initial registration as an agent might be asked to provide all of the following except A) citizenship information. B) employment history. C) a consent to service of process. D) fingerprints. D. Fingerprints Unlike FINRA, the USA does not require fingerprints for new registrants. Form U4 lists employment history and many other personal details. LO 2.g When a broker-dealer operates on the premises of a financial institution, certain disclosures must be ...

Virginia Final Exam Questions with Correct Answers 2024 A void contract is one that is A. not in writing. B. voidable by only one of the parties. C. rescindable by agreement. D. not legally enforceable. - answerD. not legally enforceable. In order to be enforceable, real estate contracts must meet the legal requirements for contracts in general. For example, a contract signed by a minor or a "seller" who doesn't own the property in question was never legal to begin with and is thus ...

CDFM Module 3 CDFM Module 3 Exam Questions with All Correct Answers Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - ANSWER DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - ANSWER Appropriations Contract Authority Borrowing Authority Monetary Credits Offset...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - ANSWER Periodic tenancy Physical land and everything attached to it is called - ANSWER Real Estate Equipment a tenant installs for use in his or her business is called - ANSWER Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the neighborhood Is c...

Honors U.S Government Test #1 Q #2Federalism - correct answer This unique form of government, created by the United States in 1787 during the Constitutional Convention, is derived from the Latin word "foedus" which meant a treaty, league, union, or alliance. "Federal Government" - correct answer did not have complete sovereignty. It shared sovereignty with the states. Use of the word and creation of the system resulted - correct answer from the reluctance of most Americans to cede all ...

Drug and Alcohol Course questions and answers well illustrated. what is the "Driver's Compact Law"? - correct answers.A law that is shared among participating states: if you commit a traffic infraction of any sort in another state, the information goes back to the Florida DMV, and you receive penalty points on your record. Be careful, or you could rack up points while on vacation! why isn't drinking and driving on the point system list? - correct answers.Because...