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1 year ago

a mortgage professional can use any of the following techniques to detect fraudulent documents, except:

1 answer:

4 0

A mortgage professional can use any of the following techniques to detect fraudulent documents, except requiring that consumers provide only notarized supporting documentation.

A mortgage expert can spot forged paperwork using a variety of techniques. These include comparing the handwriting on an original application and any supporting papers, following the chain of custody for all verifications, and checking for watermarks and printed fraud protection patterns on pay stubs and bank statements.

A mortgage broker collaborates with all parties involved in the loan process, including the real estate agent, underwriter, and closing agent, to ensure that a borrower receives the best financing and that the loan closes on schedule.

A broker has the option of working alone or with a brokerage firm. For in-depth news, comment, and analysis, as well as market trends and business information, the industry frequently turns to MPA as a valuable resource.

To learn more about mortgages refer to:

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The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end,

nydimaria [60]

Answer: $186,000

Explanation:

January is the 2nd month from November which means that all of November's $31,000 will be collected in January.

January is the first month after December so 30% of December sales should be collected in January. 50% has already been collected in December and this left $50,000.

Total credit sales in December must have been:

= 50,000 / 50%

= $100,000

Amount to be collected in January for December:

= 100,000 * 30%

= $30,000

Amount to be collected from January credit sales:

= 50% * 150,000

= $75,000

January cash sales = $50,000

Total cash in January :

= 31,000 + 30,000 + 75,000 + 50,000

= $186,000

4 0

2 years ago

Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with

seropon [69]

Answer:

The options that are true regarding dividends include:

A stock dividend increases the number of outstanding shares.
A stock dividend commonly indicates management's confidence that the company is doing well.

Explanation:

A stock dividend is a payment to shareholders that is made in shares rather than in cash.

Once investors receive stock dividends, the number of their shares will increase. this validates the first statement

Secondly, stock dividends have a tax advantage for the investor. The share dividend, like any stock share, is not taxed until the investor sells it unless the company offers the option of taking the dividend as cash or in stock.

The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance thereby indicating management's confidence in the company is well-being.

3 0

3 years ago

Read 2 more answers

1. Classical Conditioning How would classical conditioning operate for a consumer who visits a new tutoring web site and is gree

Agata [3.3K]

Answer and explanation:

Proposed by Russian psychologist Ivan Pavlov (1849-1936) classical conditioning is a form of learning in which a conditioned stimulus is associated with an unconditioned stimulus to generate a response. The conditioned stimulus does not generate any response at first but after conditioning it the desired conditioned response is generated.

Thus, by using an <em>Albert Einstein</em> (1879-1955) avatar, the tutoring web attempts to make give visitors the idea that the mentoring they will receive is given by professionals with wide knowledge in their fields, something that Albert Einstein portrayed himself. That image is likely to help visitors to feel more confident about the type of mentoring they can expect from the web page.

3 0

3 years ago

Mr. elliot visits a local candy store and purchases 4.50 pounds of licorice at $4.47 a pound. what is the total cost of his cand

IrinaK [193]

To determine the total amount that Mr. Elliot will have to pay for the purchased candy from the candy store, all that needs to be done is to multiply the weight of the candy in pounds by the price per pound. That is,

total cost = (4.50 lbs)($4.47/lb)
total cost = $20.115

If we are to round the answer to the nearest cent, it would be $20.2

Thus, the answer is $20.2.

6 0

3 years ago

Read 2 more answers

Ahngram Corp. has 1,000 carton of oranges that cost $44 per carton in direct costs and $25.00 per carton in indirect costs and s

k0ka [10]

Answer:

It is more profitable to continue processing.

Explanation:

Giving the following information:

Ahngram Corp. has 1,000 cartons of oranges that cost $44 per carton in direct costs and $25.00 per carton in indirect costs and sold for $64 per carton. The oranges can be processed further into orange juice at an additional cost of $21.00 and sold for $114.

First, we need to calculate the income before processing and then the income after processing:

Before processing:

Income= 1,000*(64 - 44 - 25)= -$5,000

After processing:

Income= 1,000*(114 - 69 - 21)= $24,000

It is more profitable to continue processing.

5 0

3 years ago