Which type of fraud consists of systematic transactions by individuals who steal significant amounts of funds associated with mortgage lending?

A. Mortgage Fraud
B. Fraud for property
C. Loan flipping
D. Fraud for profit

Answer: D. Fraud for profit

Business

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What is the first step in the development of a service blueprint?

A) Identify processes. B) Isolate fail points. C) Establish a time frame. D) Eliminate highest risks. E) Analyze profits.

Business

The term incremental cost refers to

a. the additional cost of producing one more unit of a product. b. a cost that will continue even if there is no activity. c. a cost common to all of the options and not clearly allocable to any of them. d. the profit given up by choosing one course of action instead of another.

Business