Fiscal administration - Study guides, Class notes & Summaries

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...

mortgage Broker - Answer- Functions as a middleman between the borrower and the lender, negotiating, selling or arranging loans to be delivered to large investors Mortgage Banker - Answer- Provide their own funds for the purpose of providing mortgage financing Correspondent Lender - Answer- Smaller in scale then mortgage bankers or brokers, these lenders typically extended loans with their own funds at their own risk Origination - Answer- The process of creating a new mortgage loan U...

WGU D023 Final Exam (Latest 2024/ 2025 Update) School Financial Leadership | Study Guide Qs & As| Grade A| 100% Correct (Verified Answers) Q: ESEA/ESSA through funding Answer: Title 1, Part A, of the ESEA, reauthorized in 2001, (often called the No Child Left Behind Act) authorizes federal aid to disadvantaged and low-income children for supplementary education and related services. Q: Title I Funding Answer: authorized federal aid to local school districts for the educatio...

1. It is the Government's policy that before executing a contract, the contracting officer must: A. Obtain written assurance from the responsible fiscal authority that adequate funds are available. B. Obtain written assurance from the paying office that adequate funds are available. C. Confirm that the Appropriations Bill has passed. D. Obtain written assurance from the head of the contracting office that adequate funds are available. A. Obtain written assurance from the responsible fisc...

CHAPTER1: ANSWERS AND RATIONALES 1. Which change represents the primary impetus for the end of the era of the female lay healer? 1. Perception of health promotion as an obligation 2. Development of a clinical nurse specialist position statement 3. Foundation of the American Association of Nurse-Midwives 4. Emergence of a medical establishment Page: 4 Feedback 1. . Lay healers traditionally viewed their role as being a function of their community obligations; however, the emerging medical establi...

Who's responsible for the investigation of complaints concerning licenses? - Answer-The division How many C.E.s does a HFA need every two years? - Answer-40 C.E. credits If a person is not licensed as an HFA or RCA, what title can't they use? - Answer-Assistant HF Administrator Assistant RC Administrator If using the word "administrator" but not actually licensed, then they are in violation of Indiana law. The designations "assistant-to-the-administrator" end "administrative a...

The established rule is that the expenditure of public funds is proper only when ________ by Congress, not that public funds may be expended unless prohibited by Congress. - Answer authorized In fiscal law, you can do only what the law authorized you to do. ______ of a law prohibiting you from doing something with your funding doesn't give you the authority to do it; it must be authorized by law in order for you to obligate funds - Answer Absence Are congressional committee reports (l...

Question 1 In order to realign local government with the Constitution, a number of new local government law principles were created. “Non-racial democratic government” is an example of a new local government law principle. Name and briefly describe another five new local government law principles. [10] • Local government within a system of cooperative government √ - Local government forms part of the general government system. √ • New boundaries for municipalities √ - ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Medical Billing and Coding Lesson 1: Reimbursement, HIPAA, and Compliance Already Passed The Medical Coder's Responsibility Each coding system plays a critical role in reimbursement. The role of the medical coder is to optimize payment while adhering to coding guidelines. The coder must accurately code the services, procedures, and diagnosis rendered so that the office is properly reimbursed. Coders may encounter ethical issues about upcoding a procedure or changing a diagnosis to ob...