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2 years ago

In what way(s) do private loans differ from federal loans?

Business

1 answer:

Svetlanka [38]2 years ago

6 0

all the statement is correct for private loans differ from federal loans

Unlike federal loans, most private lenders offer borrowers the option to choose between fixed and variable interest rates. Floating rates often start lower than fixed rates, especially during periods of low-interest rates, but can rise over time. Fixed fees are a safer choice for the average student.

Must be a US citizen or eligible non-citizen. Have a valid social security number. Have a credible degree or certificate course and be enrolled or admitted as a student of at least half of it. Maintaining academic performance in college.

Student loans may come from the federal government, private sources such as banks or financial institutions, or other organizations. Loans granted by the federal government, called federal student loans, typically offer more benefits than loans from banks and other private sources

Learn more about federal loans here

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If an options contract is exercised, which of the following statements is TRUE?

gayaneshka [121]

I think c because that is what I got

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4 years ago

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Distributions of cash or other resources by a business to its stockholders are called:

Furkat [3]

Distributions of cash or other resources by a business to its stockholder are called DIVIDENDS. Dividend involves the distribution of a portion of a company's profits to a class of its shareholders. The amount to be distributed is usually decided by the board of directors.

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3 years ago

Describe the six-step process of conducting an ethics audit in detail.

noname [10]

Answer: 1. Requesting Financial Documents.

2. Preparing an Audit Plan.

3. Scheduling an Open Meeting.

4. Conducting Onsite Fieldwork.

5. Drafting a Report.

6. Setting Up a Closing Meeting.

Explanation:

1. Requesting Financial Documents

the organisation should be notified about an upcoming audit, with the auditor requesting for documents listed on his audit checklist. This documents usually include copies of previous audit report carried out, bank statements, reciepts and ledgers.

2. Preparing an Audit Plan

the auditor uses the information contained in the documents provided for him to plan or map out how the audit would be conducted.

3. Scheduling an Open Meeting

the auditor is invited to a meeting with the admintrative staffs, and senior management to present his scope of the audit. This helps determine the time interval for the audit.

4. Conducting Onsite Fieldwork

the auditor uses information gotten from the open meeting to finalize or conclude his audit plans. After which a field work is conducted.

5. Drafting a Report

the auditor prepares a report show full details of his findings of the audit conducted.

6. Setting Up a Closing Meeting

the clos meeting helps the auditor get a feedback from the managemen, whinch indicates the managements approval or disapproval with problems presented in the audit report.

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4 years ago

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.

lara [203]

Answer:

The correct answer is $13.900.

Explanation:

To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:

Accounts receivable $ 1,800 - Active

Insurance expenses $ 1,300 - Expenses

Prepaid insurance $ 2,000 - Expenses

Land $ 3,000 - Active

Cash $ 3,200 - Assets

Salary Expenses $ 1,400 - Expenses

On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:

Dividends: $ 1,200 - Debit nature liability

TOTAL DEBITS: $ 13,900

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3 years ago

Which of the following is a substantive culture-changing action that a company's managers can undertake to alter a problem cultu

adelina 88 [10]

Answer:

B. Revise policies and procedures in ways that will help drive cultural change and replace senior executives who are resisting and obstructing needed organizational and cultural changes.

Explanation:

Culture of a company are the accepted ways of doing things on a daily basis with a view of achieving organisational goals. It includes the way employees interact with one another and their customers, procedures carrying out tasks, and so on.

The management of the company are the drivers of company culture, so a substantiative culture-changing action that can be taken to solve a problem culture will include replacing senior executives who are resisting and obstructing needed organizational and cultural changes, and revising policies and procedures in a way that will drive culture change

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4 years ago