Which of the following would be a case where an event as a transaction is not supported by a source document?
a. a purchase of inventory on credit
b. a cash sale
c. the financial consequences of a fire loss
d. recording payroll
c
Business
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In which of the following loans would a borrower most likely be required to purchase private mortgage insurance?
A. A conventional loan in which the borrower has less than 20% for the down payment. B. A guaranteed loan secured by a qualified veteran. C. An adjustable rate mortgage. D. A conventional loan purchased by Fannie Mae.
Business
Belling is a chain of coffee shops. List possible competitors first from an industry point of view and then from the market point of view
What will be an ideal response?
Business