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Elis [28]
2 years ago
8

What's the primary benefit of being prequalified for a mortgage? Pick the best answer.

Business
2 answers:
notsponge [240]2 years ago
4 0

Answer:

Explanation:

The primary benefit to getting prequalified up to a certain amount for a loan is that you are indicating to real estate professionals and builders that you are serious about looking for a home in a certain range.

Wish I Could Help You!

pentagon [3]2 years ago
3 0

I would think that the primary benefit of being prequalified for a mortgage would allow you to lock in an interest rate for up to 130 days. This credible estimate of you mortgage limit shows real estate agents and home sellers that you are a serious buyer.

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Ue or false: increasing the number of stocks in a portfolio reduces market risk.
Triss [41]
False. It does not reduce market risk.
7 0
4 years ago
On June 1, $50,000 of treasury bonds were purchased between interest dates. The broker commission was $500. The bonds pay intere
timurjin [86]

Answer:

$50,500

Explanation:

The investment treasury bonds account must be debited by $50,500 which includes the face value of the bonds ($50,000) and the broker's commission ($500). Investment accounts only record the purchase price of the bonds, they do not record any accrued interests.

4 0
3 years ago
You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifical
Alex777 [14]

Answer:

a. The Debit column is correctly stated.

b. The Credit column is understated by $17,300 ($8,650 * 2).

c. The Automobiles account balance is correctly stated in the trial balance.

d. The Accounts Payable account balance is understated in the trial balance by  $17,300 ($8,650 * 2).

e. If the Debit column total of the trial balance is $200,000 before correcting the error, the total of the Credit column before correction is $182,700.

Explanation:

This mistake is an Error of Commission.  It is a problem of arithmetical accuracy, for example, posting to the wrong side of one ledger account.  In this case, the Accounts Payable should have been credited with the amount of $8,650.  As an arithmetic error, it can only be corrected by doubling the affected amount on the Credit side of the Accounts Payable account.

3 0
3 years ago
Which of the following is generally used by companies with fewer than 50 employees?
marshall27 [118]

Answer:

D

Explanation:

5 0
3 years ago
"Planning sessions, workshops, formal reports, and personal conversations are all part of the internal __________ that is necess
Ksju [112]

Answer:

The correct answer is: Distribution.

Explanation:

To begin with, the concept of distribution inside the marketing field and refering specifically to the internal marketing approach is understand as the way that the informatino of the marketing strategy is distributed inside the organization with all of the members that need to know that data in order to focus on the campaign and make it possible and effective so that the objectives are accomplished. That is why that the planning sessions, workshops, formal reports and personal conversations are part of the internal distribution that is necessary to implement the marketing strategy that the company tends to use.

4 0
3 years ago
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