Who pays mortgage insurance premiums (MIPs)?
a. The buyer under a U.S. Department of Veterans Administration (VA) guaranteed loan.
b. The buyer under a Fannie Mae, Ginnie Mae or Freddie Mac approved loans.
c. The buyer under a Federal Housing Administration (FHA)-insured loan.
d. The buyer under a private mortgage insurer.
Answer: c. The buyer under a Federal Housing Administration (FHA)-insured loan.
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Organic Sugar, Inc in Ohio has six processing departments for refining sugar—Affination, Carbonatation, Decolorization, Boiling, Recovery, and Packaging
Conversion costs are added evenly throughout each process. Data from the month of August for the Decolorization Department are as follows: Metric Tons Beginning Work-in-Process Inventory 0 Transferred in production 12,200 Completed and transferred out to Boiling in August 7,200 Ending Work-in-Process Inventory 5,000 Costs Beginning Work-in-Process Inventory $0 Costs added during August Direct materials 2,100,000 Direct labor 1,030,000 Manufacturing overhead 600,000 Total costs added during August $3,730,000 The ending Work-in-Process Inventory is 100% and 70% complete with respect to direct materials and conversion costs, respectively. Compute the equivalent units of production (EUP) for direct materials and for conversion costs for the month of August. A) 10,700 EUP for direct materials and 3,500 EUP for conversion costs B) 12,200 EUP for direct materials and 10,700 EUP for conversion costs C) 3,500 EUP for direct materials and 10,700 EUP for conversion costs D) 12,200 EUP for direct materials and 3,500 EUP for conversion costs
Jason believes that wearing a coat and tie suggests that he is a man who is "dressed for success." Therefore, Jason dresses formally even in class and for casual occasions
Jason is basing this decision on the cognition part of the ABC model of attitudes. Indicate whether the statement is true or false