Answer:
contact the lender's representative immediately before signing the documents.
Explanation:
The above is an example of Actual or Potential misrepresentation which falls under Code of Conduct 5.10. Once a notary signing agent notices that during the signing appointment, the information provided by the borrower differs from what is on the loan document, he should immediately report such false misrepresentation (potential or actual misrepresentation or falsehood known) witnessed by the NSA in connection with a transaction to the representative of the NSA.
By contacting the lender's representative, the purpose for obtaining the loan will be confirmed whether the property being financed is an investment property or for a primary residency otherwise the notary signing agent will be held responsible for any infraction if his signature is appended because he is expected to verify the authenticity of the information provided.
Answer:
Explanation:
1) Outstanding checks : a subtraction from the bank balance
2) Deposits in transit : an addition to the bank balance
3) NSF (Not Sufficient funds) checks : a subtraction from the book balance
4) Bank collection of our note receivable : an addition to the book balance
5) Interest earned on bank balance : an addition to the book balance
6) Service charge : a subtraction from the book balance
7) Book error : a subtraction from the book balance
8) Bank error : an addition to the bank balance
Answer:
Compatibility principle
Explanation:
The compatibility principle prescribes that an accounting information system has internal controls, meaning, it employs methods and procedures that allow managers to control and monitor. The compatibility principle is a concept of an information system that suggests the accounting system of any type of organization should adapt to its employees or managers, operations and business structure.
For example, if goods are sold so fast but the orders may not be processed fast enough, here we will apply compatibility principle and we will add new technology to the system to solve this issue.
Answer: The correct answer is "Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.".
Explanation: In her testimony, the president claimed<u> Nikkei includes 10% overhead costs and an 8% profit margin in the price of all the parts they export to the U.S.</u> Using traditional guidelines, Congress determined that Nikkei was not dumping.
It is known as dumping when companies sell products at a lower price abroad than they sell in their country.
