Which of the following describes the process of implementing a new system in one part of the organization, while other locations continue to use the current system?

Ace, Inc. had the following transactions during June:

Performed services for $5,000 on account; received cash on account, $7,000; paid $600 for repair expense; paid $2,000 to a supplier that it owed from the previous month What is the combined effect on Cash of the June transactions? A) $4,400 increase B) $4,400 decrease C) $7,000 increase D) $2,600 decrease

The principal of a mortgage loan may be insured by:

A. the VA or the FNMA B. the lender C. the FHA or a private mortgage insurer D. the FHLMC and the GNMA