A tax or duty charged by a government on goods moved across a border is known as a:

A) quota.
B) tariff.
C) subsidy.
D) trade barrier.

Answer: B) tariff.

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The percentage-of-sales method results in a more accurate valuation of receivables on the balance sheet.

a. true b. false

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Which entity offers VA or FHA loans to borrowers?

A) VA or FHA approved lenders B) VA or FHA, depending on which loan is chosen C) HUD D) any local bank or mortgage broker

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