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enot [183]
3 years ago
5

When a lender requires tax and/or insurance amounts to be deposited with the lender by placing the monies in an escrow account,

a "Budget Mortgage or Deed of Trust" occurs. These escrow accounts may also be referred to as what?
Business
1 answer:
valina [46]3 years ago
3 0

Answer:

The correct answer to the following question is impound or reserve accounts.

Explanation:

Here the escrow account would also be know as impound or reserve account   , and in this account  a person would be required to put funds in this account ( given the person has made a minimum down payment) . Here the funds belong to the person but the lender would use this funds to make payments on property taxes, homeowner's or mortgage insurance.

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_____ offers a variety of programs and support services.
kap26 [50]

Answer: your answer is SBA.

HOPE THIS HELPS. PLEASE GIVE BRAINLEST.

8 0
3 years ago
Which of the following is the deliberate process through which someone becomes aware of personal​ skills, interests,​ knowledge,
ANTONII [103]

Answer:

Career planning

Explanation:

Career planning is self-assessment and preparation undertaken by an individual who has a decent career path. Career planning phase is a continuous process of discovering oneself, establishing career aspirations, evaluating skills and finding the best career opportunities.

5 0
3 years ago
Currently, the Bureau of Labor Statistics does not include homemakers in its employment and labor force totals. What would happe
sdas [7]

Answer and Explanation:

Unemployment rate = (Unemployed/Labor force)*100

Labor Force Participation Rate = (Labor force/Adult population)*100

Labor force = number of unemployed + number of employed

Adult population = employed + unemployed + not in the labor force

When homemakers are included in the labor force as employed then the unemployment rate would go down, labor force would increase and so the labor force participation rate would increase.

The unemployment rate would decrease and the labor force participation rate would increase.

3 0
3 years ago
The following financial resources were among those received by Seco City during year 1:_____
Burka [1]

Answer:

A) $0

Explanation:

Seco City will record $0 as special revenue funds during year 1 with respect to the foregoing resources.

The $6,000,000 for acquisition of major capital facilities would be recorded as capital projects fund.

$2,000,000 to create a non-expendable trust would be recorded as private purpose trust fund.

8 0
3 years ago
Your company, a small start-up corporation, buys raw materials from Regina Fabrics on credit. Because her company has had severa
Goryan [66]

Answer: See explanation

Explanation:

I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.

This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.

With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.

8 0
3 years ago
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