Which of the following belongs in the credit column of the seller's closing statements?
a) cash change for buyer's deed
b) proration of prepaid rents
c) proration of prepaid taxes
d) cash charge for recording a quitclaim deed
Answer: c) proration of prepaid taxes
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Which one of the following statements is NOT a typical assumption related to developing learning curves?
A) The total direct labor hours needed to produce the first 100 units will be double the amount of hours needed to build the first 50 units. B) The direct labor needed per unit will decrease at a declining rate as cumulative production increases. C) The direct labor hours per unit will decrease according to an exponential curve as cumulative production increases. D) The direct labor needed to produce the 50th unit will always be more than the direct labor needed to produce the 51st unit.
List the characteristics of a good vision statement
What will be an ideal response?