Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms: TRUE
Who are Fannie Mae and Freddie Mac?Congress established Fannie Mae and Freddie Mac. They play a vital role in the nation's home finance system, supplying the mortgage market with liquidity, stability, and affordability. They provide liquidity (quick access to cash on acceptable conditions) to thousands of banks, savings and loans, and mortgage businesses that make home loans.Fannie Mae and Freddie Mac can also help stabilize mortgage markets and protect housing during times of extreme stress or volatility in the broader financial system. The Enterprises' assistance with mortgage loans to finance affordable housing lowers the cost of such borrowing.The majority of the regularly used home appraisal report types were developed by Fannie Mae and Freddie Mac.As the description itself says, the majority of the regularly used home appraisal report types were developed by Fannie Mae and Freddie Mac.
Therefore the statement "Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms" is TRUE.
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Complete question:
Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms. True or False
What type of level is the most commonly used level in the construction industry?
I-beam is the most commonly used level in the construction industry.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Industries are usually classified according to the goods and services they produce. For example, the pizza industry includes all producers who produce pizza and sell it on the market. It is important to note that in order for a pizza maker to become part of the pizza industry, the products they make must be marketed.
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Ted and Carol want to buy a house that is listed for $105,000. The seller accepts the offer they wrote for $5,000 less than list price. They have a 2.091.
The monthly PITI payment will be $618.90.
How to calculate the payment?Price of property after discount = 105000 – 5000 = $100000
Loan amount = 80% of the price after discount = $80000
Monthly interest rate R = 5.5%/12 = .458%
Let, the monthly payment (without tax and insurance) = EMI
Time (n) = 360 months (30 years)
Then,
80000 = EMI*(1-1/(1+R)^360)/R = EMI*(1-1/1.00458^360)/.00458
80000 = EMI*176.1996
EMI = 80000/176.1996
EMI = $454.03
Final PITI EMI = EMI + monthly tax + monthly insurance
Final PITI EMI = 454.03 + 1494/12 + 480/12
Final PITI EMI = 618.90
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Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of Group of answer choices vagueness. extortion. ambiguity.
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity.
What is ambiguity in employment contract?
Ambiguity is used to explain a condition that is not permanent in a Job but that remain relevant within the period given.
It is to the disadvantage of the employer because if they term is bridged it may affect the business or company through leaking of vital company information.
Therefore,
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity
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How do I earn money the quickest way?
When delivering disaster assistance for tribes the best approach is:________
When delivering disaster assistance to tribes the best approach is to find someone who knows about each tribe to tell you how to approach them appropriately.
Tribal governments and their members are an integral part of our nation's emergency management team. Fulfilling her FEMA mission to work together to improve our nation's disaster preparedness and response requires effective inter-tribal relations.
FEMA is committed to assisting the Indian nation in its efforts to build more resilient and more prepared communities. Securing tribal communities and areas in the face of disasters In addition to necessity, FEMA shares the US government's unique interstate relations with federally recognized tribes.
FEMA recognizes the federally recognized tribal sovereignty and is committed to strengthening partnerships with tribal governments to improve emergency and disaster response capabilities across India.
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Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments. Which of the following is true
Janice works for an investment banking firm. Her company helps new companies begin the process of offering securities for sale. Janice herself also publishes analyses on the financial security of individual investments Janice may assist in new companies’ issuance of securities as long as she makes notice of a conflict of interest
Financial security reaches a point where you are stable with enough money to pay off debt, pay monthly expenses, invest for retirement, and keep money in the bank for emergencies.
Elementary security is a financial asset or instrument that has value and can be bought, sold, or traded. Some of the most common examples of securities are stocks, bonds, options, mutual funds, ETF stocks, liabilities, and equities.
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You are the decision maker for purchasing office equipment in your organization. one sales representative privately offers you season tickets to the texas rangers if you help him out. this tactic is_______.
You are the decision maker for purchasing office equipment in your organization. one sales representative privately offers you season tickets to the texas rangers if you help him out. this tactic is a bribe.
Bribery is the act of offering, giving, receiving, or soliciting anything of value in order to persuade an official or another person in charge of legal or public responsibility to take a particular course of action.
Bribery is defined as "Corrupt solicitation, acceptance, or transfer of value in exchange for official action" in reference to governmental activities.
Bribery does not include the giving of money or other valuables that are otherwise accessible to everyone equally and are not done so dishonestly.
A lawful rebate that is extended to all buyers is not bribery; it is the offering of a discount or a return.
Hence, the tactic mentioned in the given question is a bribe.
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Under a state aid-to-education statute, one private school receives: (i) free textbooks from the state, (ii) an exemption from state taxes, and (iii) 20% of its operating budget in the form of state grants. The remaining 80% of the school's budget is covered by tuition fees and by donations from alumni and others. The school is licensed by the state, but the state has no requirement for certification and licensure of teachers in private schools. A teacher was hired and given the school's standard three-year contract. In the fall term of his second year, the teacher gave a lecture to his students criticizing the school's use of school uniforms and encouraging the students to organize a protest against the uniform policy. After the speech, the teacher was called to the administrative office by the headmaster and fired on the spot, despite the teacher's protests that he had almost two years left on his contract. The teacher requested a hearing and was told to leave the premises of the school immediately. The teacher files suit in federal district court, alleging that his constitutional rights have been violated. Is the teacher likely to succeed
No, The teacher will not likely succeed.
State aid-to-education statuteThe teacher's will not likely succeed due to the absence of constitutional violation here, based on the fact that there was no any state action.
Hence, since the school was given the license to operate by the state and the receipt of state funds do not as well constitute state involvement as regards to its personnel matters or issues the teacher may not establish that the school exercised any state action.
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. Suppose you're writing a speech that tells a personal story and then explains what the experience means to you. Which organizational pattern should you use to craft the body of the speech
A chronological set of smaller events spatially arranged details that describe a scene.
What is Chronological order ?Chronological order is an order of writing the occurrence of events from first to last. Thus, it can become easy to understand the possibility that occurs in the first and final times. It is the easiest way to represent the oldest thing to the new one. Thus, it is usually an arrangement of time from past to present.
The writer writes the book in the sequence of events, with the respect of time, from older to the new one. Therefore, when you read these books, set them in chronological order from old edition to new. Stick with chronological it is easy to understand the cause and effect of anything. Chronological order is a scientific ordering of events by time.
We can also take a chronological example of writing an essay, stories, movies, dramas, TV shows, debut, Matches, and many events in life. Here we discuss the chronological order of Tom Cruise movies from the beginning of their career to the present age.
1981: Endless Love1983: The Outsiders1985: Legend1986: Top Gun1988: Cocktail1989: Born on the fourth of July1990: Days of Thunder1992: Far and away1994: Interview with the vampire2000: Mission Impossible 22005: War of the worldTherefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
Suppose you're writing a speech that tells a personal story and then explains what the experience means to you. Which organizational pattern should you use to craft the body of the speech?
A. a generalization following by specific examples
B. sections that alternate between comparing and contrasting
C. a chronological set of smaller events
D. spatially arranged details that describe a scene
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A business that does not need a full-time accountant, would most likely use a ______ accountant in which services are exchanged for a fee. multiple choice question. internal public specialized private
A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.
Who is an accountant?An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.
The role of an accountant include performing accounting functions such as:
Analyzing accountsAuditingReporting the financial transactions of a person or a business.Learn more about accountants here: https://brainly.com/question/13433103
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The financial plan part of a business plan should show how you plan to fund the business at various stages of the company's?
A financial plan is nothing more than a summary of your company's present financial situation and growth expectations. Consider any records that show your current financial status as a snapshot of the state of your company, and the projections as your hopes for the future. The financial plan is a snapshot of your company's current status,
As was previously stated. Your short- and long-term financial goals are informed by the predictions, which can serve as a springboard for establishing a plan of action. It aids you in establishing reasonable goals for the achievement of your company as a business owner.
Simply said, if you are well-versed in your finances, you are less likely to be taken aback by your current financial situation and better equipped to handle a crisis or rapid growth.
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If a firm is more concerned about the quick return of its initial investment than it is about the amount of value created, then the firm is most apt to evaluate a capital project using the _____ method of analysis. Group of answer choices
The firm is most apt to evaluate a capital project using the payback method of analysis. Group of answer choices.
Methods evaluation is taking a look at how a process is performed. whereas job layout shows the structure of the job and names the responsibilities inside the structure, methods evaluation details the obligations and the way to do them. The system concerned with the distinct procedure for doing a particular job.
Financial evaluation has three sub-divisions: vertical analysis, horizontal analysis, and monetary ratios. Horizontal analysis is one of the primary strategies in financial management.
Contemporary strategies for chalcogen compounds evaluation and structural dedication discussed encompass: UV-seen and infrared spectroscopy (UV-Vis and IR), thermo analysis, electrochemistry, magnetic evaluation, chromatography, X-ray techniques (ordinarily XRF, XRD, and EDX), high-decision microscopy (SEM and TEM)
The question is incomplete. Please read below to find the missing content.
If a firm is more concerned about the quick return of its initial investment than it is about the amount of value created, then the firm is most apt to evaluate a capital project using the _____ method of analysis.
A. modified internal rate of return
B. profitability index
C. internal rate of return
D. net present value
E. payback
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__________ are elements of information that the commander identifies as being critical to timely decision making.
Commander's critical information requirements are elements of information that the commander identifies as being critical to timely decision-making.
Commander (commonly abbreviated as Cmdr) is a common naval officer rank. Commander is also used as a rank or title in other formal organizations, including some police forces. In some countries, this naval rank is called frigate commander.
A commander is also a general term for officers who command units in an army, such as platoon commanders, brigade commanders, and squadron commanders. Police use terms such as "district commander" and "operations commander."
Commander is a rank used in the navy but is rarely used as a rank in the military. Originally, the title "master and commander" was used in the 18th century by a naval officer to command a warship, too large for a lieutenant to command, but too small to warrant the duties of a post-his captain (until about 1770). ) master; the commander served as his own master. In practice, these were unrated sloops, usually no more than 20 guns. The Royal Navy shortened "Master and Commander" to "Commander" in his 1794. However, the terms "master and commander" remained in common (unofficial) use for several years, until the equivalent American rank master commander continued to be used until 1838 when it was changed to the commander. I got
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A salesperson who has anticipated customer doubt about a product and formulated proper responses is ready to:____.
After a salesperson has been able to anticipate customer doubt about a product and then formulated a response to it, the salesperson is then ready to Answer objections.
When does a salesperson answer objections?In order to come up with a proper solution to an objected by a customer, a salesperson needs to be prepared for that objection in the first place.
They therefore need to anticipate the objection and the doubt that the customer has and then they can come up with a solution to the customer's problem.
Once they come up with that solution, they shouldn't keep it to themselves but rather they should then present it to the customer to see if it is satisfactory.
In conclusion, the salesperson should answer objections.
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Management has reason to believe that someone internal to the organization is committing fraud. To confirm their suspicion, and to collect evidence, they need to set up a system to capture the events taking place. Evaluate which option will best fit the organization's needs.
In order to uncover a fraud there are certain ways and protocols that can be followed described below:
What is a Fraud?Fraud is an act of earning a gain through a wrongful source, the fraud may be performed by an individual or a group of individuals. The need to identify this is important that whether the fraud committer is an individual or there is a group of people doing it.
The first is to identify and confirm that a fraud is happening, gathering all the evidences regarding this, then the evidence should be gathered which identifies the individual committing fraud, this can involve the suspicious individuals to be monitored for their activities.
In the last the fraud committer should be provided with a warning or terminated or fined or a case can be filed in the court of law for this depending on the level of fraud.
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Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because __________________.
Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.
Why is referrals by current employees better?
Publishing advert for Job opening requires a cost and this could take a lot of process before the final candidate is selected.
Getting referral could reduce the number of days and the cost of making different advertisement.
Therefore, Many companies use referrals by current employees as a source for new hiring and even monetarily reward them because it requires less stress and cost.
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In order to provide more complete information, u.s. gaap allows that any significant noncash investing and financing activities may be reported:____.
It is reported as foot notes in cashflow statement or in the notes of financial statements.
When an income statement is converted to cash flows from operational operations, noncash items like as depreciation and nonoperating profits and losses are not included. Non-cash investing and financing entails making an investment or purchase using financial instruments other than cash.
The Generally Accepted Accounting Principles (GAAP) are a collection of generally observed financial reporting accounting standards and regulations. The four main constraints of GAAP are objectivity, the materiality, the consistency, and the prudence.
Companies are required by both IFRS and US GAAP to declare any substantial non-cash investment and financing operations, either as a footnote at the bottom of the statement of the cash flows or in notes to the financial statements.
Therefore, the answer is the bottom of the statement of the cash flows or in the notes to financial statements.
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An honest effort to meet both the spirit and letter of the contract is termed Group of answer choices reasonable circumstances. sole discretion. honest representation. good faith.
An honest effort to meet both the spirit and letter of the contract is termed, Good Faith.
What is a Good Faith?Good faith (bona fides) in human interactions refers to a real intention to be fair, transparent, and honest, regardless of how the encounter turns out. With bona fides, however, this is not the case; it is still extensively used and interchangeable with its widely-accepted contemporary English translation of "good faith," unlike certain Latin expressions that have lost their literal meaning over the years. It is a crucial idea in both law and commerce. Bad faith, mala fides (duplicity), and perfidy are the opposing ideas (pretense). Bona fides is a modern English term that is interchangeable with credentials and identification. The expression, which occasionally appears in job postings, should not be mistaken for genuine occupational requirements or the employer's good faith attempt.
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What document did the buyers sign when they purchased this property that enabled the trustee to proceed with a nonjudicial foreclosure
A deed of trust should be signed by any buyer who purchases the property that enabled the trustee to proceed with a nonjudicial foreclosure.
A trust deed, commonly referred to as a deed of trust is a document that is occasionally used in funded real estate transactions in place of a mortgage. A bank, escrow business, or title company, for example, may get the legal title to a property through a deed of trust and retain it until the borrower pays the lender their loan.
Although deeds of trust are less frequent than they previously were, some 20 states still insist on their usage when financing the purchase of real estate.
The borrower delivers the lender one or more promissory notes in return for a deed of trust. A promissory note is a written statement of the borrower's promise to repay the debt. It includes details on the loan's terms, including things like the interest rate and other requirements.
The promissory note will be marked "paid in full" and the deed will be given back to the buyer once the debt has been fully repaid. The promissory note belongs to the lender while the buyer is paying off the house; the buyer is only allowed to keep a copy for their records.
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Suppose in 2020, you purchase a house built in 2014. Which of the following would be included in the gross domestic product for 2020
Suppose in 2020, you purchase a house built in 2014. The value of the services of the real estate agent. the value of the services of the real estate agent would be included in the gross domestic product for 2020 This is further explained below.
What is the gross domestic product?Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.
In conclusion, Imagine that in the year 2020 you decide to buy a home that was constructed in 2014. The price that should be paid for the real estate agent's services. The total value of the real estate agent's services would be included in the calculation of the gross domestic product for the year 2020.
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The term _______________ refers to people who may have checking or savings accounts, but who still do a lot of business with check-cashing services and pawnshops.
The unbanked people means the people who may have checking or savings accounts but who still do a lot of business with check-cashing services and pawnshops.
What is an unbanked people?This refers to the individuals that do not use or do not have access to any traditional financial services including savings or checking account.
Hence, the unbanked people means the people who may have checking or savings accounts but who still do a lot of business with check-cashing services and pawnshops.
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John Smith works 40 hours for ABC Corp. for $15 per hour. Required payroll deductions are: Social Security $37.20, Medicare $8.70, federal Income tax $58, and state income tax $10. What is John's net pay
Answer: 486.10
Explanation: 600-37.20-8.70-58-10=486.10
A company that uses statistical techniques and algorithms based on patterns of past behavior to predict future events is using
A company that uses statistical techniques and algorithms based on patterns of past behavior to predict future events is using Predictive modeling
What is Predictive modeling?
A popular statistical method for forecasting behavior is predictive modeling. Data-mining technology called predictive modeling solutions creates a model by studying past and present data and using it to forecast future results.Predictive modeling involves gathering data, creating a statistical model, making predictions, and validating (or updating) the model when new data becomes available.To determine how probable a customer is to display a given behavior in the future, predictive models examine prior performance.This category also includes models, such fraud detection models, that look for subtle data trends to address inquiries regarding client performance. In real-time transactions, predictive models frequently do calculations.know more about statistical model https://brainly.com/question/13720738
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If the aggregate demand curve shifts from ad0 to ad1, short run equilibrium output will move initially from point a to point _____.
If the aggregate demand curve shifts from ad0 to ad1, short run equilibrium output will move initially from point a to point a1.
ad means the initial demand curve and the ad1 is the shifted demand curve.
In the given equation a means the equilibrium point initially and a1 is the equilibrium point to which output has shifted.
A shift in the demand curve occurs when the determinants of demand other than the price changes. It also occurs when the demand for goods and services changes even though the price did not change.
The demand curve shifts to the right if the determinant increases the demand. This means that the demand of the good or service is increasing even though there's no change in price. When there is boom in the economy , buyers' incomes will rise.
They'll buy more of everything, even though there is no change in the price.
The demand curve will shifts to the left if the determinant causes demand to fall. This means that less of the good or service is demanded. That occurs during a recession period when buyers' incomes fall. They will buy less of everything, even though the price is the same.
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In each milestone, you may want or need to use the database and query tool to answer some of the questions. We suggest you open the tool in another browser tab while you are working on this assessment. https://postgres.sophia.org/ Which of these constraints verifies that data in a column is based on columns in other tables
The above question is about SQL Column Table Constraints. See the correct response below.
What is an SQL Column Constraint?Constraints generally are instructions and rules that data entered onto a database must abide by. Constraints are employed to verify data. It outlines the requirements that the data must meet.
The kinds of data that can be entered into a table are restricted by constraints. This guarantees the reliability and accuracy of the data in the table.
The action is stopped if there is a contradiction between the constraint and the data action. Column-level or table-level constraints are both possible.
Which of these constraints verifies that data in a column is based on columns in other tables?The constrain form the attached example given via the link in the question, the constraint that verifies that data in a column is based on columns in other tables is:
"VARCHAR (40)"
This kind of constraint is called an SQL CHECK Constraint. When a CHECK is put on a column, it ensures only a defined values will be able to be entered for that column.
When it is placed on a table, it serves to limit the kind of values that can enter onto certain columns based on the defined values related to other columns in the row.
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In which form of price determination does the real estate professional often just drive by the property and take photos, then complete paperwork for the lender?
In broker's price opinion, the real estate professional often just drive price determination by the property and take photos, then complete paperwork for the lender. A broker price opinion, or BPO, is a real estate professional's assessment of the worth of a property.
Internal and external broker's price opinion's are two basic categories. A broker will spend time inside home during an interior BPO to assess property's condition, take measurements, and take pictures. A broker may only be able to evaluate the outside of the property with an external BPO, also known as a drive-by BPO, before assigning it a sticker price.
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f the Fed conducts an open-market sale, bank reserves _____, and the money supply is likely to _____. decrease; decrease increase; increase increase; decrease decrease; increase
If the Fed conducts an open-market sale, bank reserves decrease, and the money supply is likely to decrease.
Open market operationsThe Federal Reserve (the Fed) uses "open market operations" (OMO) to refer to the process of buying and selling U.S. Treasury securities as well as other securities on the open market in order to manage the amount of cash kept in reserve by U.S. banks. The Fed purchases and sells Treasury securities in order to increase the quantity of money in circulation and to decrease long-term interest rates.
The U.S. Federal Reserve uses open market operations to control the amount of money in circulation by buying and selling bonds and other securities. The Fed can utilize these transactions to increase or reduce the amount of money in the banking system and to raise or lower short-term interest rates, depending on the objectives of its monetary policy.
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Write the definition in your own words
_________________________________________________________________________________________________________
Income Statement:
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Accounting Period:
_________________________________________________________________________________________________________
Time-Period Principle:
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Matching Principle:
Income Statement corresponds to the statement of income and expenses related to organizational activity and profit and loss for a period.
An Accounting period refers to a period of time, such as a year, a month, a quarter, in which the situation of the company in relation to its accounting at that moment will be analyzed.
The Time-period Principle refers to the standard by which a company usually analyzes its financial results, with annual, quarterly and monthly statements being common.
The Matching Principle, on the other hand, refers to recording an expense in the same period of recording the related revenue, to generate greater structuring and reliability in the statements.
What is the purpose of accounting?It is the registration and organization of a company's financial resources for greater control over assets. Through accounting sciences, a company can recognize its real situation in the market, enabling decision-making more aligned with its objectives, in addition to demonstrating security for stakeholders.
Therefore, accounting is an essential instrument for controlling financial resources, helping a company to be well positioned in the market.
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The three methods used to classify costs into their fixed and variable components includes:.
The three methods used to classify costs into their fixed and variable components include:
scatter diagramshigh-low methodregression analysisWhat is a costs classification?This refers to the process of separation of a group of expenses into different categories which are used to bring an management's attention certain costs that are considered more crucial than others, or to engage in financial modeling.
Often time, the purpose of cost classification is to allows the manager control processes and cut costs where needed or send more resources to an area of the process that is lacking.
Furthermore, the cost classification also allows the manage to review reports and advise accounting of needed adjustments in cost classification.
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Cullumber Company is considering purchasing new equipment for $600,300. It is expected that the equipment will produce net annual cash flows of $69,000 over its 10-year useful life. Annual depreciation will be $60,030. Compute the cash payback period. (Round answer to 1 decimal place, e.g. 10.5.) Cash payback period enter the cash payback period in years rounded to 1 decimal place years
The cash payback period is 8.7 years.
Given,
Cullumber Company is thinking about spending $60,300 on new equipment.
Over the course of its 10-year useful life, new equipment will provide net yearly cash flows of $69,000.
Depreciation will cost $60,030 per year.
The payback period is the length of time needed for a project's cash inflows to exceed its initial cash outflow.
A project that delivers a quick return is less dangerous than one that generates the same return over a longer period of time, hence this formula is helpful for risk reduction analysis.
Using the payback period formula we get,
Cash payback period = Cost of new equipment / Annual cash flows
Since, depreciation is not a cash outflow or inflow it will not be considered.
Therefore, Cash payback period = $600,300 / $69,000
= 8.7 years
Hence, the cash payback period is 8.7 years.
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