A check is a form of draft that is drawn on a ?nancial institution

Indicate whether the statement is true or false

TRUE

Business

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Which of the following financial statements reports cash receipts and cash payments during a period of time?

A) Statement of cash flows B) Balance sheet C) Cash receipts budget D) Statement of retained earnings

Business

Refinancing without a discernable benefit to a borrower is

A. prohibited by the Service members Civil Relief Act of 2003. B. a violation of the Truth in Savings Act. C. considered predatory lending. D. a violation of the Mortgage Forgiveness Debt Relief Act of 2007.

Business