For money disbursed, the trust account journal must include date, check number, name of payee, reference to vendor documentation or other record verifying purpose of payment, and amount paid.

a. true
b. false

Answer: a. true

Business

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At any given time, the yield curve is affected by I. lender preferences. II. inflationary expectations. III. liquidity preferences. IV. short- and long-term supply and demand conditions

A) I and IV only B) II, III and IV only C) I, II and III only D) I, II, III and IV

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Direct messages are not necessarily shorter that indirect messages

Indicate whether the statement is true or false

Business