The processes associated with buying goods from external vendors are together referred to as the procure-to-pay process

Indicate whether the statement is true or false

TRUE

Business

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A buyer signed a contract to buy a house for $100,000. To obtain a larger loan for the buyer the broker submitted a false contract to the lender for $110,000. Is the broker's action legal?

A. Yes, in the buyer agreed. B. Yes, the loan would be based on the appraisal. C. No, this would be considered fraud. D. No, this is an example of redlining.

Business

A(n) ________ is a flexible standard for defining a security

A) red herring prospectus B) investment contract C) certificate of interest D) debenture

Business