In the following steps of decision making, which would come first?
A) Establish criteria. B) Make a choice.
C) Establish alternatives. D) Implement the decision.
A
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Tamara Company purchased a machine on January 1, 2015. Annual depreciation is $800. At December 31, 2017, the balance in the accumulated depreciation account, after adjustment should be:
A. $3,200 B. $1,600 C. $800 D. $2,400
This involves identifying homeowners who are at risk of defaulting on loans or whose houses are already in foreclosure. These homeowners are told that they can save their homes in exchange for a transfer of the deed and upfront fees. The property is then remortgaged or the fees are pocketed by the perpetrator. This is an example of what type of fraud case?
A. Mortgage Fraud B. Foreclosure Scheme C. Equity Skimming D. Credit Product