Insurance expense for the period is a function of which of the following?
A) the beginning prepaid balance, current premium payments and the ending prepaid balance
B) the beginning prepaid balance and the current period premium payments
C) the current period premium payments
D) the current period premium payments and the ending prepaid balance
A
Business
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Which of the following completes an escrow?
a. title search b. signing of the deed c. recordation of appropriate instruments d. acknowledgement of all instruments
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A waiting-line system that meets the assumptions of M/M/1 has ? = 1, ? = 4. For this system, Po is ________ and utilization is ________
A) 0.75; 0.25 B) 0.80; .20 C) -3; -4 D) 3; 4 E) none of the above
Business