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kompoz [17]
3 years ago
7

What are closing costs?

Business
2 answers:
Svetllana [295]3 years ago
5 0
Closing costs are fees paid at the closing of a real estate transaction.
Lelechka [254]3 years ago
5 0

Answer: Closing costs refers to fees paid to complete a real estate transaction. These costs may include: application fee, appraisal fees, title searches, title insurance and so on.

Explanation:

Closing costs are the expenses, over and above the price of a property that buyers and sellers paid at the closing of a real estate transaction. It takes place when the title of property is shifted from the seller to the buyer. Closing costs are paid either by the buyer or seller.

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Answer:

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The receipt received from customer is view as expense and expense is not a revenue.

The receipt can be issue after purchase or return of good. so in this particular case its not a revenue. Thank you

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Which of the following groups decides who sits on the board of directors of a corporation?
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b. a one-tail test should be utilized.

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It can be said that the best way for the economist to make this determination would be to use a one-tail test. This is a statistical test in which the critical area of a distribution is one-sided, making it either exceed or fall short of a certain value, but not both as seen in the graph below. Which in this case, the certain value would be $50,000 and the information will be on either side. Thus showing the economist if the mean family income truly exceeds the $50,000

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